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Industry giants collaborating to seek to decarbonize steel

  • Last Updated on June 18, 2025

The Australian Renewable Energy Agency (ARENA) has allocated $19.8 million in funding to the NeoSmelt project to investigate the development of Australia’s largest ironmaking electric smelting furnace pilot plant at Kwinana, Western Australia. NeoSmelt is a groundbreaking joint venture, combining the expertise of BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development. ARENA funding

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