The Albanese Government has outlined its ambitious plan to transform Australia into a global green metals powerhouse, with $3 billion in funding aimed at capturing emerging low-carbon export opportunities. Speaking at the launch of the Superpower Institute’s ‘A Green Iron Plan for Australia’ report in Canberra, Assistant Minister for Productivity, Competition, Charities and Treasury Dr…
Steelmaker BlueScope and iron ore miners, BHP and Rio Tinto have selected Kwinana Industrial Area, south of Perth, to host an electric smelting furnace pilot plant, which aims to test and optimise lower-carbon emissions molten iron from Pilbara iron ore using direct reduced iron (DRI)-ESF technology. Rio said the trio assessed a number of locations…
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 Charlie Huang, RMIT University Australia’s largest export, iron ore, has long been a powerhouse of economic growth. Over the past two decades, its contribution to our national income has surged from just A$8 billion in 2005 to over A$124 billion today. But the Australian iron ore industry faces a major challenge as its biggest…
Resources giant BHP, Monash University and steelmaker China Baowu have announced that they have formed a new Industry Knowledge Centre, with its initial phase including piloting and plant-scale trials of potential carbon abatement technology for steel production. In a statement from BHP on Monday, it said it would provide $US 8 million over three years…