South Korean steelmaker POSCO has joined the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT) a development the CRC cited as “an important milestone” in its global collaboration efforts, “particularly in developing low-carbon ironmaking technologies.” According to a statement from HILT on Wednesday, it reflects both the benefits of collaboration with international companies and the…
A free online tool has been developed and made available for those wanting to understand the payoff from a “heat battery” to lessen their dependence on gas for process heat. The Australian Alliance for Energy Productivity (A2EP, a not-for-profit coalition of companies and researchers) and Aratherm (a company specialising in industrial clean heat solutions) announced…
Sponsored As ESG reporting becomes mandatory and decarbonisation accelerates, Australia’s steelmakers are rethinking how they source and manage energy — not just to stay competitive, but to future-proof their operations. Australia’s steel industry is standing at a defining moment. With growing pressure from investors, regulators and supply chains to demonstrate measurable sustainability outcomes, energy strategy…
Applications have opened for the third round of the Australian Renewable Energy Agency’s (ARENA) Industrial Transformation Stream (ITS), with $180 million in grant funding available for emissions reduction projects at regional industrial businesses. According to a statement from ARENA on Thursday, it is currently seeking businesses with projects aiming to transform operations to support Australia’s…
Industry lobby group Australian Food and Grocery Council (AFGC) has welcomed “the clarity provided” by the federal government’s emissions reduction target announcement on Thursday. The government released a target – to get between 62 per cent and 70 per cent below 2005 levels by 2035 – as well as a Net Zero Plan, blueprints for…
By Tony Wood, Grattan Institute The federal government has announced a long-awaited climate change target for 2035, committing to a reduction in emissions of between 62 per cent and 70 per cent below 2005 levels. Environmentalists claim the target is a failure, while some business groups and the opposition are likely to slam it as…
Brisbane clean-tech company Endua has secured $4.88 million through the Australian Government’s Industry Growth Program to advance its hydrogen electrolyser technology and expand local manufacturing capabilities, according to an announcement on Monday. The funding supports Endua’s AHEAD project (Advanced Hydrogen Electrolyser for Australian Decarbonisation), which focuses on the company’s proprietary PEM (proton exchange membrane) electrolyser…
BlueScope has formed a massive international consortium with Japanese, Indian and Korean steelmakers to explore acquiring the troubled Whyalla Steelworks, the company announced on Wednesday. The consortium includes Nippon Steel Corporation, JSW Steel and POSCO, collectively representing $115 billion in market capitalisation and total steelmaking capacity of approximately 130 million tonnes. BlueScope will leverage its…
By Christoph Nedopil, Griffith University Australia has flourished as an export powerhouse for decades. Much of this prosperity has been driven by the nation’s natural endowment with two important raw products for producing steel the traditional way: iron ore and metallurgical coal. Worth more than A$100 billion in 2024, Australia’s iron ore shipments to China…
Calix has executed a $44.9 million grant agreement with the Australian Renewable Energy Agency to build a green iron demonstration plant using its Zero Emissions Steel Technology, according to an announcement on Thursday. The demonstration plant will have a targeted capacity to produce 30,000 tonnes per annum of hydrogen direct reduced iron or hot briquetted…