New research shows South Africa well-placed to export ‘green iron’ to EU

Initial research conducted for the Deep Decarbonisation Pathways (DDP) project in collaboration with the National Business Initiative (NBI) indicates that there is an emerging opportunity for South Africa to produce so-called “green iron” for export to international steelmakers seeking to transition away from the use of carbon-intensive coking coal in the production of the basic material. The green-iron research forms part of a broader initiative, involving NBI, Business Unity South Africa and the Boston Consulting Group, to develop decarbonisation pathways for domestic industry that could also support the country’s proposed “just transition” to a more climate-resilient economy.