Metal manufacturers around the world are trying to lessen their greenhouse gas output. Brent Balinski spoke to the CSIRO’s Dr Mark Cooksey about some of his organisation’s work regarding green steelmaking, and why he believes the de-carbonisation trend is an opportunity for Australian metal producers.
BlueScope Steel managed a 1.2 per cent reduction in overall greenhouse gas emissions per tonne of steel produced in the 2019 financial year, above ts target of a yearly one per cent reduction in emission intensity to 2030. However the drop in production of gases which are affecting climate, revealed in its 2019 sustainability report,…
Analysis by Peter Roberts One of the biggest issues about moving to a carbon-free future has been how to eliminate dangerous emissions from products such as cement and steel that are absolutely vital to the economy. In a sense electricity production was an easy problem to solve using clean renewables compared to the greater industrial…
There have been media reports that Sanjeev Gupta’s GFG Alliance approached federal and state governments for a government guarantee to aid the Whyalla smelter’s restructure and expansion. Todays’s report, in The Age and Sydney Morning Herald, reported sources who claim an informal approach was made to a joint Commonweath/South Australian taskforce about the possibility of…
Mining and rail products manufacturer Molycop has signed a power purchase agreement for 100,000 megawatt hours per year until 2030, which will see it source half its NSW electricity needs from regional renewable power generators in the state.
Integrated steelmaker BlueScope (ASX: BSL) has reported its third successive underlying profit of more than $1.1 billion despite a slowdown of sales in Australia. The company today reported an underlying EBIT of $1.35 billion, up six per cent, and a net profit after tax of $1 billion. CEO Mark Vassella said: “Despite some softening in…
Steel industry titan Sanjeev Gupta has followed through with his billion dollar renewables promise with three massive projects coming to reality around Whyalla, in South Australia. The owner of Liberty steel is forging ahead with a $600 million upgrade to the Whyalla steel works that will boost output to 1.8 million tonnes a year, as…
Comment by Peter Roberts British businessman Sanjeev Gupta has announced a restructuring of his iron and steel making empire, using the very same strategy employed to build Australia’s steel industry, but on a global stage. As reported by @AuManufacturing, Gupta’s GFC Alliance is restructuring its UK steel and engineering assets, the Liberty Primary Steel works…
GFG Alliance, which owns the Whyalla steelworks in South Australia, has announced plans to integrate its Liberty global steel, mining and engineering businesses.
Analysis by Peter Roberts If ever there was a demonstration that times have changed in industrial disputes in manufacturing it is clear from this week’s decision by BlueScope steel workers to accept its latest pay deal. Workers at the Port Kembla steel works agreed in 2015 to a three year pay freeze, and cuts in…
