Tag: steelmaking

Helios Project, the developer behind the groundbreaking Helios Cycle, announced a partnership with BlueScopeX, a subsidiary of global steel manufacturer BlueScope Steel.

BlueScope Steel Limited has announced the release of its FY2024 Sustainability Report, outlining its progress and future plans towards creating a more sustainable and environmentally friendly steel manufacturing process. 

BlueScope has reported a net profit after tax (NPAT) of $805.7 million for FY2024, marking a $203.5 million decline from FY2023. 

Rio Tinto announced an investment of $215 million into a research and development facility in a bid to spearhead global efforts in reducing emissions within the steel industry.

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.