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Steel slowdown and signals of low-carbon transition in China put Australian ore at a crossroads, as partnerships look to step up green iron development.
While several projects have been suspended in the past year, the Japanese megabank still expects growing domestic demand for the gas, due to the need to clean up the power, mobility, chemical and steel sectors.
The amount of renewable energy needed to decarbonise a power grid to produce green hydrogen is a key barrier to scaling it, says think tank IEEFA.
As climate tech funding cools, the Singapore state-owned investor has launched an investment scheme betting on long-term returns from green assets, such as early-stage decarbonisation solutions in green steel and battery storage.
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