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.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.


Marketplace Offers

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

Similar articles

Brazilian iron ore exports fall 12 percent as shipments to China drop 20 percent

07 Aug | Scrap & Raw Materials

Daily iron ore prices CFR China - August 7, 2026

07 Aug | Scrap & Raw Materials

Major steel and raw material futures prices in China - August 7, 2026

07 Aug | Longs and Billet

India's Coal India Limited to diversify into iron ore mining

07 Aug | Steel News

Iron ore in China rebounds on August 6 amid rumors of possible restrictions on purchases from Rio Tinto

06 Aug | Scrap & Raw Materials

CMRG asks Chinese steel mills to suspend Rio Tinto iron ore negotiations

06 Aug | Steel News

Mauritanian government announces over $2 billion investment decision for Al-Aouja iron ore project

06 Aug | Steel News

Major steel and raw material futures prices in China - August 6, 2026

06 Aug | Longs and Billet

CISA: Fairer, more transparent and sustainable order taking shape in iron ore market

06 Aug | Steel News

Ternium posts 80 percent rise in Q2 2026 net profit versus year earlier

05 Aug | Steel News