Quinbrook Infrastructure Partners' Ambitious Green Iron Project in Queensland
Key Ideas
  • Quinbrook Infrastructure Partners plans to develop a $3.5 billion green iron project in central Queensland leveraging renewable energy, storage projects, and green hydrogen.
  • The green iron project involves mining 465 million tonnes of magnetite ore, converting it to green iron using renewable hydrogen in a facility near Gladstone, Australia.
  • The project aligns with Australia's push for clean energy manufacturing, with the federal government providing support measures for the domestic hydrogen industry and green metals projects.
Quinbrook Infrastructure Partners, a green infrastructure investor, is embarking on a groundbreaking project in central Queensland, Australia. The company will utilize renewable energy, storage projects, and green hydrogen to produce 'green iron' at a planned $3.5 billion facility. The green iron project involves mining a substantial amount of magnetite ore, estimated at 465 million tonnes, which will be converted to green iron using renewable hydrogen. This initiative is part of Quinbrook's strategy to develop clean energy manufacturing in partnership with Central Queensland Metals near Gladstone. The project is aligned with the Australian government's drive for domestic clean energy manufacturing and minerals processing, as evidenced by the significant support measures outlined in the recent federal budget. Quinbrook's ambitious endeavor has the potential to create new infrastructure investment opportunities and export avenues in the region. With plans to scale up the green hydrogen production capacity and engage in joint ventures, the project signifies a significant step towards a sustainable energy future in Australia.
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