Australia has the potential to produce green steel within its own borders due to its position as the largest global exporter of iron ore. Jack Colreavy, CFA outlines the essential elements required to make this a reality.
Jack Colreavy:
"There's a huge manufacturing opportunity for Australia due to so much of the raw materials that the earth needs for manufacturing coming from our continent. None more so than iron ore, Australia's the largest exporter of iron ore in the world, and currently, it mainly goes to China to be smelted at steel.
With the advent of renewable energy technology, there is an opportunity to bring that manufacturing back home to Australia through the advent of green steel. Now we need two things in order for that to come to fruition; first one being magnetite iron ore. at the moment, most iron ore is hematite iron ore, and so we going to need to develop these new deposits of magnetite in order to provide the feedstock for these green steel smelters, the second one being renewable energy generation. It's estimated that we need in the realm of 30 billion plus in investment in renewable energy, in order to provide the power requirements that steel needs. To learn more, please subscribe to, As Barclay Sees It, by clicking the link in the description."
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Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.
Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.
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Privacy Statement
Financial Services Guide
Research Policy
Complaints Management Policy
Scam Alert
Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.
BPC Sydney Office
Level 17, 115 Pitt Street
Sydney NSW 2000 Australia
Tel: +61 2 8288 6900
BPC Melbourne Office
Level 26, 360 Collins Street
Melbourne VIC 3000 Australia
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91 King William Street
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Email : info@barclaypearce.com.au
Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261
Barclay Pearce Capital Investment | ACN: 667 428 480 | CAR: 1303113
Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665
Barclay Pearce Capital Queensland | ACN: 668 591 740 | CAR: 1304194
Barclay Pearce Capital | ACN: 671 103 254
Barclay Pearce Capital Communications | ACN: 659 740 217
Barclay Pearce Capital Events | ACN: 661 642 726
BPC UK Ltd | CRN: 14822860
© 2024 Barclay Pearce Capital - BPC | All Rights Reserved
Disclaimer:
Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.
Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.