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flag Guinea's Simandou mine could disrupt the global iron ore market with its high-grade output.

flag The Simandou mine in Guinea, capable of producing 120 million tons of high-grade iron ore annually, could disrupt the global iron ore market, affecting major exporters like Australia. flag This high-quality ore, favored for decarbonizing steel production, may push lower-grade ores out of the market. flag However, Australia's low-cost iron ore and renewable energy resources could position it well for green steel production, if supported by government investment in infrastructure.

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