Mauritania aims for 1.5% share of green steel market by 2050

Mauritania aims to capture 1.5% of the global green steel market and 1% of the green hydrogen market by 2050, President Mohamed Ould Cheikh El Ghazouani announced at the U.N. General Assembly. The northwest African nation recently passed a green hydrogen law offering tax incentives for renewable H2 producers. Mauritania's abundant wind, solar resources, and iron ore deposits make it well-positioned for green hydrogen and steel production.