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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: Maurice Winn who wrote (7560)6/16/2021 2:27:41 AM
From: elmatador1 Recommendation

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Maple MAGA

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Aussies got pissed with the Chinese trade war.
Are Investing heavily abroad to give them a lesson.

Northeast Brazil have a head start:
- Enegix Energy to Build $5.4 Billion Green Hydrogen Facility in Brazil
- Port of Suape (PE), to receive US$ 3.8 billion in investment in a green hydrogen plant from Qair Brasil
- Fortescue Future Industries plots path for 300 MW green hydrogen plant in Brazil
The competition will be between Brazil's northeast and the whole western coast of Africa, from Morroco down to Western Cape.
The Australians want to change the geography of steel and iron!


Brazil has the geography advantage:
The area where the hydrogen projects as being planned has big renewables' potential, it is near US east coast, the Panama Canal, Europe and the Carajas iron ore is nearby.
Africa has to capitalize on theirs.

Fortescue Metals Group chairman Andrew Forrest said Fortescue’s green energy and green hydrogen projects in Africa were not confined to the DRC and included projects in Kenya and Ethiopia, with investors and financiers already indicating a willingness to commit more than $US100 billion.
afr.com

What is the change of Steel Geography?
Instead of shipping the ore to where the coal was, like the Ruhr area in Germany or the US-Canada Great Lakes or to where a industrial power raise. (Japan and China) Green steel will be produce steel where renewable energy is aplenty.
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