PGS partners with thyssenkrupp nucera on Australia’s green iron megaproject

Monday, 01 September 2025 12:14:10 (GMT+3)   |   Istanbul

Australia is positioning itself as a global leader in green iron production with the launch of the Mid-West Green Iron project. Thyssenkrupp nucera, a subsidiary of German steelmaker Thyssenkrupp, has announced that it will supply 1.4 GW electrolyzer for Australian company Progressive Green Solutions’ (PGS) green iron project. 1.4 GW electrolyzers will power the project with green hydrogen, marking a major step in decarbonizing the steel industry.

The project, located near Geraldton in Western Australia, aims to annually produce 7 million mt of green iron pellets, with around half converted into 2.5 million mt of hot briquetted iron (HBI) for export. By integrating renewable energy and local magnetite ore, the facility is expected to cut carbon emissions by up to 90 percent compared to traditional steelmaking methods.

Technology backbone

The project relies on thyssenkrupp nucera’s alkaline water electrolysis technology, known for its scalability and efficiency. The modular scalum® units (20 MW each) will provide the green hydrogen required to transform Western Australia into a global hub for low-carbon iron and steel exports.

Dr. Johann Rinnhofer, CEO of thyssenkrupp nucera Australia, described the collaboration as a milestone in reducing the carbon footprint of global steelmaking.


Similar articles

Ex-India pellet prices soften amid resistance by buyers

24 Oct | Scrap & Raw Materials

Brazilian high-grade iron ore price declines week-on-week

20 Oct | Scrap & Raw Materials

Ex-India pellet prices consolidate further amid more active buyers, tight supplies

17 Oct | Scrap & Raw Materials

Ex-India pellet prices rebound with buyers returning, sellers hold back volumes for further consolidation

10 Oct | Scrap & Raw Materials

US Steel sues Algoma Steel over pellet supply dispute

09 Oct | Steel News

Ferrexpo’s output rises in Q3 2025 despite using just one pelletizing line

09 Oct | Steel News

Ex-India pellet price uptrend reverses as buyers withdraw for holiday in China

03 Oct | Scrap & Raw Materials

Brazilian high-grade iron ore price fell from last week

01 Oct | Scrap & Raw Materials

Ex-India pellet prices edge up but tight supplies stall deals

26 Sep | Scrap & Raw Materials

Brazilian high-grade iron ore price roughly stable for two weeks

23 Sep | Scrap & Raw Materials