On Friday Germany and Australia pledged $660 million to help create a green hydrogen export supply chain to Europe. At the same time UNSW Sydney researchers have released a first report exploring the feasibility of collaboration on exporting hydrogen and green metals – here is the executive summary of their study. The global steel industry…
Mining and green energy company Fortescue has begun works at its Green Metal Project in the Pilbara region of Western Australia. Located at the Green Energy Hub at Christmas Creek, the US$50 million project is expected to produce more than 1,500 tonnes per annum of green metal, with first production anticipated in 2025. The plant…
A report released by think tank Climate Energy Finance (CEF) has claimed that decarbonising the Pilbara region of Western Australia is key to doubling Australian iron exports by value to $250 billion. The report, SUPERPOWERING-UP, was released on Tuesday and warns against continued inaction in greening the Pilbara’s energy supply. According to the report, only…
By Peter Roberts Much of Australia’s modesty sized steel sector was born through the adversity of distance from established suppliers and the threat Japan posed to Australia during WW2. Since then there has been some development of electric arc furnaces utilising scrap as a feedstock, but otherwise Japan, then Korea and China have swamped Australian…
Chris Bowen visits China to talk low carbon transmission The Climate Change and Energy Minister Chris Bowen will travel to China to represent Australia at the 8th Ministerial on Climate Action (MOCA), taking place on 22-23 July 2024. There he will deliver a keynote address on emissions reduction and the low-carbon transition and meet with…
Magnetite Mines has secured Japanese financial support for its plans to develop a massive green iron ore mine and potential green iron or steel production near Port Pirie in South Australia. The company has signed a non-binding Heads of Agreement with JFE Shoji Australia, a subsidiary of JFE Shoji Corporation and part of the JFE…
Production tax credits that are part of the federal government’s Future Made in Australia legislation package will benefit companies that add value to Australia’s natural resources, according to the Assistant Minister for Manufacturing Senator Tim Ayres. Interviewed on ABC Afternoon Briefing, Senator Ayres said the package, which aims to support $22 billion worth of investment…
Iron ore miners Fortescue and Roy Hill have joined with steelmaker Liberty and university partners in new projects from the Heavy Industry Low Carbon Transition CRC (HILT CRC) which are funded by the Australian Renewable Energy Agency. The projects in ARENA’s recent Iron and Steel R&D Round will develop technology to upgrade iron ore quality…
Not content with Whyalla’s emergence as a green steel production hub, a second South Australian city – Port Pirie – has joined the race to become a green metals hub based on the state’s huge reserves of magnetite ore. While haematite from the Pilbara has been the source of most of Australia’s iron ore exports,…
Andrew Forrest’s Fortescue Metals Group has pressed ‘go’ on three green hydrogen projects in Australia and internationally to cost a collective $1.14 billion (US$750 million) over the next three years. The company’s board announced final investment decision had been reached on two green energy projects including one planned for Gladstone, Queensland and a green metals…