Green Steel and Future Risk of Metallurgical Coal

Queensland is the world’s biggest exporter of metallurgical coal - which is exported to China, Japan and Korea and used in the production of steel. Big coal mining companies say that there are no alternatives to coal for steel production, and so need to keep mining coal in Queensland out until the 2090s.

We fact check this industry claim in our lively event with coal and economics experts Tim Buckley from Clean Energy Finance and Simon Nicholas the Institute of Energy Economics and Financial Analysis in conversation with John McCarthy, former Resources reporter for the Courier Mail and now with InQld. Simon has been looking at the emergence of new ‘green steel’ technologies globally, and what this will mean for coal exports in Queensland.

Join us for a timely discussion for anyone interested in the future of one of Queensland’s biggest exports, and what it means for our climate, our economy and our communities. 

Simon Nicholas is Lead Analyst for the global steel sector for the Institute of Energy Economics and Financial Analysis. Simon’s focus is on the long-term outlook for steel production, as well as on the implications for the global iron ore and metallurgical coal markets. Simon has been looking at the emergence of new ‘green steel’ technologies globally, and what this will mean for coal exports in Queensland.

Tim Buckley is the founder and Director of Climate Energy Finance. He is a highly influential energy finance commentator, with 30 years experience covering the Australian, Asian and global equity markets. He has written more than 100 reports on the global energy transition, and the roles of finance and policy in accelerating critical decarbonisation trends.