Industry News

South Australian government officially seeks partners to develop green iron & steel industry

Views : 152
Update time : 2024-03-06 16:23:45
The South Australian government officially announced that it had started to seek partners to inaugurate South Australia’s green iron and steel industry. The government will begin an expression of interest (EoI) process in June in order to look for enterprises jointly developing hydrogen-based direct reduction iron (DRI) plants.

Compared to furnaces using coal, DRI plants could convert iron ore to steel through renewable energy, and it can reduce carbon emissions by 95%. Besides, DRI and hot briquetted iron (HBI) have several advantages, such as higher iron content, lower impurities, and improved process efficiency.
Related News
Read More >>
Overview of China's primary aluminium production in December 2024 and forecast for January 2025 Overview of China's primary aluminium production in December 2024 and forecast for January 2025
Jan .14.2025
Overview of China's primary aluminium production in December 2024 and forecast for January 2025
Hydro eyes 100% ownership in battery-recycling JV Hydrovolt Hydro eyes 100% ownership in battery-recycling JV Hydrovolt
Jan .14.2025
Hydro eyes 100% ownership in battery-recycling JV Hydrovolt
Colombia’s green aluminium project to lead charge in sustainable industrialisation Colombia’s green aluminium project to lead charge in sustainable industrialisation
Jan .14.2025
Colombia’s green aluminium project to lead charge in sustainable industrialisation
Alba and Ma’aden call off strategic merger talks Alba and Ma’aden call off strategic merger talks
Jan .14.2025
Alba and Ma’aden call off strategic merger talks