Unfortunately, I don't see this making any sense for large scale energy storage. Storage tanks for compressed hydrogen enjoy the square-cube law. The larger they are the less expensive they are proportional to the mass of hydrogen they hold.
With this iron oxide method, you need 27 tons of iron oxide for one ton of hydrogen. You can procure right now tanks that can hold 2.7 tons of hydrogen and weigh 77 tons empty [1], the ratio is 28 to 1. But the round-trip efficiency of the tank is virtually 100%. The efficiency of the iron-based storage is only 50%. The tanks are not very expensive.
I can't see the niche that this idea can apply to.
[1] https://www.iberdrola.com/press-room/news/detail/storage-tan...