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MENA, a potential new hub for green steel and green iron metallics

At the COP27 climate summit, it was announced that Fortescue Future Industries will build 7.6GW of renewable energy, which has the potential to produce 330 kilo-tonnes of green hydrogen annually.

MENA, a potential new hub for green steel and green iron metallics

Soroush Basirat, Energy Finance Analyst, Institute for Energy Economics and Financial Analysis (IEEFA)  During the COP27 climate summit, host country Egypt signed eight agreements to develop green hydrogen. Among the announcements, one of the largest was an agreement with Fortescue Future Industries to build 7.6GW of renewable energy, which has…

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