Green Steel of WA has taken to social media to commit to completing what it hopes will be Australia’s first hydrogen based steel plant by 2028. The company has been quietly developing two projects – an electric arc furnace to recycle scrap and the state’s first green hydrogen direct-reduced iron (DRI) plant with a total…
New project looks at dynamically managing energy loads The Australian Renewable Energy Agency (ARENA) announced $864,000 in funding to AGL on Thursday to develop and trial a price intensity forecasting tool to support dynamic load flexing in the commercial and industrial sectors. The $1.78 million project will initially recruit four Melbourne-based customer sites and utilise…
Rio Tinto has begun what it says is Australia’s largest-ever demolition project, and will disassemble an expected 142,000 tonnes of scrap steel at the Northern Territory’s Gove alumina refinery to be shipped for recycling. The site operated from 1972 until being put in care and maintenance in 2014. It previously converted bauxite into alumina, and…
By Anna Skarbek, Climateworks Centre; Anna Malos, Monash University, and Michael Li, Monash University Every bit of warming matters if we want to avoid the worst impacts for climate change, as the latest report from the Intergovernmental Panel on Climate Change shows. In 2020, we released modelling showing how Australia could get to net zero…
Steel maker InfraBuild announced its financial and operational results for the year ending June 30, with net revenue of $5,686 million (down five per cent) and EBITDA of $651 million (down 2 per cent) for the financial year. In a statement on Wednesday, the company – part of Sanjeev Gupta’s GFG Alliance – described performance…
News that China will undertake an “expedited review” of trade sanctions on Australian wine has been welcomed by Weld Australia, but the group – citing an apparent end of anti-dumping tariffs on wind towers from China – says improved market access “cannot come at the cost of manufacturing”. As reported by @AuManufacturing, the Chinese government…
BlueScope’s weak US sales hit profit Steelmaker BlueScope has cut expectations for 1H VY24 EBIT to be in the range of $620 to $670 million, down from previous guidance of $700 to $770 million. The main driver of the change is the company’s US North Star operation, which is now expected to be half the…
In the final part of our The New Reinventors editorial series, we hear from BioCarbon. Brent Balinski speaks to co-founder and Director John Mellowes, whose focus has shifted from agricultural clients to those manufacturing steel. This website regularly reports on the attempts to reduce the greenhouse gas output of steelmaking, which according to the World…
A collaboration between Monash University and Coates Engineering Solutions has led to Quadshore, a lightweight, high-capacity propping solution for temporary construction works made from high-strength steel. According to a statement from Monash on Tuesday, Quadshore has been subjected to “rigorous destructive and non-destructive experimental tests at material, component and system levels” to demonstrate its durability…
Imugene raises $18.2 million from investors Clinical stage immuno-oncology company Imugene has closed the Share Purchase Plan component of its capital raising in conjunction with the acquisition of the exclusive licensing rights to the CD19-directed allogeneic cell therapy. The SPP raised a further $18.2 million for the company. Imugene’s Executive Chairman Paul Hopper said: “With…