The federal and South Australian governments have announced $2.4 billion in support for the Whyalla Steelworks, following the SA government’s move on Wednesday to put the site’s owner in administration. In a statement on Thursday, it was revealed that the assistance will come in “three distinct parts”, comprising $100 million in immediate on-the-ground support, $384…
By Scott French, UNSW Sydney US President Donald Trump and Prime Minister Anthony Albanese have stated an exemption for Australia from Trump’s executive order placing 25% tariffs on all steel and aluminium imported into the US is “under consideration”. But prospects remain uncertain. Albanese would do well to secure an exemption using similar arguments as…
Industrial process technology company Calix has been recognised at the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, winning the Net-Zero Industries Award for Outstanding Project with its zero-emissions steel technology. Calix’s Zero Emission Steel Technology (ZESTY) was celebrated for its “success and potential as a lowest-cost solution to green iron and steel production”,…
The federal government is studying ways of building on investments in new energy infrastructure to use more Australian content, looking first at structural steel and local manufacturing opportunities. The government said in a statement that it wanted to make sure that more good jobs flow from renewable infrastructure projects, and that households and businesses pay…
GreenHY2 receives first grant funding for Telstra project Hydrogen Energy storage manufacturer GreenHY2 has received the 1st Instalment of the grant funds allocated by the federal government to provide its Hy2MEDI generation and storage system to Telstra. The amount received is $432,000 plus GST, with the total grant for the project valued at $1.5 million.…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Pure Dairy cheese facility nears completion Dairy trading house and manufacturer Pure Dairy has confirmed that its new cheese factory in Dandenong South is on schedule for a production launch in 2025. Structural work has been finished, and most internal…
Welding sector peak body Weld Australia has called for immediate action against the offshoring of Victorian government infrastructure projects in favour of ‘cheap, unsafe imported steel’. Weld Australia, which represents thousands of local welders and fabricators, said Victoria’s actions had already decimated the local steel manufacturing industry, costing jobs, investment, and threatening the sovereign capability…
The global steel market is cyclical and currently battling Chinese over-supply, and so too is cynicism about GFG Alliance’s ability to transition the Whyalla steelworks to a green steel future. With renewed scepticism facing GFG, and part way through a green transition, GFG Alliance Executive Chairman Sanjeev Gupta remains confident of Whyalla’s future – this…
Bisalloy’s profit growth flat Wear resistant and armoured steel manufacturer Bisalloy Steel Group sales tonnes were impacted in FY24 in Australia by protracted EBA negotiations in H1 and in Indonesia by import restrictions in place for much of the year. Despite this, strong pricing discipline and a favourable mix meant the company’s sales revenue of…
The Albanese government has unveiled a new Green Metals Advisory Panel to help the country’s metal manufacturers grow and decarbonise.