Quinbrook's Green Iron Project: Pioneering Hydrogen-Infused Development in Gladstone
Key Ideas
  • Quinbrook and CQM are partnering to develop the Green Iron Project in Gladstone, utilizing a large vanadiferous titanomagnetite ore deposit with 465 million tonnes of ore.
  • The project involves significant capital investment of up to $3.5 billion and includes exploration, mining, and potential conversion to green iron using hydrogen from the CQ-H2 project.
  • Quinbrook plans to leverage Gladstone's existing infrastructure and renewable power resources to create a world-class green iron project, aligning with Australia's 'Made in Australia' and critical minerals policies.
Quinbrook Infrastructure Partners is spearheading the development of the Green Iron Project in Gladstone, Queensland, in collaboration with Central Queensland Metals. This project focuses on the exploration and extraction of a large vanadiferous titanomagnetite ore deposit, emphasizing low-cost extraction and potential green iron production using hydrogen from the Central Queensland Hydrogen Project. With an estimated investment of $3.5 billion, the project aims to leverage the existing rail infrastructure for export opportunities. Quinbrook has exclusive rights to adjacent land for further development and is in joint venture discussions for hydrogen supply and renewable power with Stanwell Corporation. The project, expected to take several years, aligns with Australia's manufacturing policies and has attracted global interest. Quinbrook's leadership views Gladstone as an ideal location given its infrastructure, access to renewable power, and government support. The project signifies a step towards Australia's manufacturing renaissance and showcases Quinbrook's commitment to sustainable infrastructure development.
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