11,377.55 TRY BIST 100 BIST 100
41.49 USD USD USD
5.85 CNY CNY CNY
48.44 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.75 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
59.75 USD Silver Silver
4.79 USD Copper Copper
103.85 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,004.46 TRY Gold (gr) Gold (gr)

Tenova takes a leading role in Australia’s low-emission steel production

Tenova is taking a significant step toward sustainability in Australia’s steel sector. The company has been selected as the technology supplier for the large-scale NeoSmelt project, which aims to produce low-emission steel. Tenova will be responsible for the Front-End Engineering Design (FEED) of the direct reduced iron (DRI) pilot plant at the heart of the project.

Tenova takes a leading role in Australia’s low-emission steel production

NeoSmelt is being developed under the leadership of a consortium backed by major industry players such as BlueScope, BHP, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development. The DRI pilot plant, designed to work in integration with Electric Smelting Furnace (ESF) technology, will be established in the Kwinana Industrial Area, south of Perth.

The facility will be designed using innovative ENERGIRON technology and is expected to operate with an annual capacity of 50,000 tons. The dual-fuel system, capable of using both natural gas and hydrogen, will allow for the testing of various carbon reduction scenarios. This technology is projected to offer flexible adaptation to changes in the energy infrastructure.

The plant will have the capability to produce high-metallization and high-carbon DRI, making it a preferred input for pig iron production. Additionally, it will process low-grade iron ore, which holds strategic importance for Australian mining. The plant's readiness for carbon capture technologies offers a critical advantage in meeting long-term climate goals.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Inflation expectations rise in the Eurozone

Sunday, September 28, 2025

Turkish exporters turn to Brazil and Chile

Sunday, September 28, 2025

An additional financial obligation has been imposed on car imports

Monday, September 22, 2025

Çemtaş invests in a 37 MWe solar power plant (SPP) in Mardin

Monday, September 22, 2025

Tata Steel will source natural gas from Gail at its Jamshedpur facility

Tuesday, September 23, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now