Australian companies collaborate on steel decarbonization

Monday, 12 February 2024 11:45:19 (GMT+3)   |   Istanbul

Australian miner BHP Billiton has announced that it has partnered with Australia-based miner Rio Tinto and Australian steelmaker BlueScope Steel to accelerate the decarbonization of steelmaking. The companies have agreed to jointly investigate the development of the country’s first ironmaking electric smelting furnace (ESF) pilot plant.

The collaboration aims to demonstrate that production of molten iron from Pilbara iron ores is feasible using renewable power when combined with direct reduced iron process technology. If successful, it could help open a potential pathway to near-zero greenhouse gas emission-intensity operations for steelmakers that rely on Australian iron ore.

The parties will assess several locations in the country for the proposed facility, and will consider factors like supporting infrastructure, available workforce, access to target industry and supply chain partners, and suitability for operational trials. If the pre-feasibility study work program, which is expected to be concluded at the end of the year, is approved, the pilot facility could be commissioned as early as 2027.


Similar articles

Daily iron ore prices CFR China - March 27, 2026

27 Mar | Scrap & Raw Materials

Mechel’s Q4 crude steel and coal outputs rise, outputs in 2025 decline

27 Mar | Steel News

India to engage with Argentina, Indonesia and Oman for supplies of steelmaking raw materials

27 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2026 

27 Mar | Longs and Billet

Brazil-China iron ore freight rate at two-year high

26 Mar | Steel News

Iron ore in China rebounds today, likely to stay above $110/mt CFR amid high oil prices

26 Mar | Scrap & Raw Materials

Thyssenkrupp Steel invests €2.4 million in iron ore of future

26 Mar | Steel News

Cyclone forces closure of key Pilbara iron ore ports in Western Australia

26 Mar | Steel News

Major steel and raw material futures prices in China - March 26, 2026 

26 Mar | Longs and Billet

US EXIM backs Mesabi Metallics project with up to $10 billion to strengthen steel supply chain

26 Mar | Steel News

Marketplace Offers

Lumps
Dimensions:  0 mm
Wuchan zhongda international group
Lumps
Dimensions:  0 mm
ATAY COMPANY
DRI
Dimensions:  9 - 16 mm
SUEZ STEEL CO.