Tag: steelmaking

The Australian government has announced $200 million in grant funding that aims to help Australian steel manufacturers be globally competitive and secure the future of the local steelmaking industry. 

POSCO, a South Korean steel manufacturing company, and ENGIE, a French energy provider, have jointly embarked on a pre-feasibility study for a substantial renewable hydrogen project in the Pilbara region of Western Australia.

The Australian Hardware Tools and Grinding Expo (ATGE) is inviting industry leaders, innovators, and trailblazers in the hardware tools and grinding sector, steelmaking, construction, and abrasive industries to showcase their latest cutting-edge solutions at the inaugural event in Brisbane. 

The Australian Steel Institute (ASI), the peak body for locally made steel, is calling on potential nominees for the Steel Sustainability Awards, which aims to recognise local achievements in sustainable design and use of steel. 

Australia’s national science agency CSIRO has collaborated with corporate advisor RFC Ambrian to establish a new company to commercialise electrolysis technology that the agency said can produce hydrogen with 30 per cent less electricity in a push to decarbonise heavy industry.

BlueScope has made a $1.15 billion investment in the relining and upgrade of the No.6 Blast Furnace (6BF) Port Kembla Steelworks and announced a dip in profit in fiscal year 2023. 

Researchers from the University of Queensland have developed a new type of sinter capable of reducing carbon emissions in the iron and steelmaking industry.

Construction on the Western Range Pilbara iron ore mine has commenced with $1 billion in local contracts handed to Western Australian businesses, including firms focused on green steel manufacturing. 

Australian iron ore mining company Fortescue has partnered with China Baowu Steel Group Corporation to explore the development of a technology that could reduce emissions associated with iron and steel making. 

Australian steelmaker BlueScope Steel has increased its earnings guidance for the second half of fiscal year 2023 to be in the range of $700 million to $770 million.