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Alter Steel to build greenfield steel mill in Queensland by 2027

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Alter Steel has selected Danieli to supply technology and equipment for its new steelmaking facility in Pinkenba, Queensland, Australia. The plant will employ Danieli...

Rio Tinto-led JV advances West Angelas iron ore expansion in Pilbara

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Rio Tinto, Mitsui, and Nippon Steel will jointly invest USD 733 mln to develop new iron ore deposits under the West Angelas Sustaining Project,...

Mitsui and Itochu acquire stakes in BHP’s iron ore deposit

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Japan's Mitsui & Co. and Itochu Corporation have signed agreements with BHP to acquire indirect stakes in the Ministers North iron ore deposit in...

PGS selects Thyssenkrupp Nucera as electrolyzer partner for green HBI project

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Australia's Progressive Green Solutions (PGS) has chosen Thyssenkrupp Nucera as its preferred supplier of electrolyzers with a total capacity of 1.4 GW for its...

Fortescue secures loan to drive decarbonization plans

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Australia-based iron ore miner Fortescue has secured a 14.2 bln yuan (USD 1.97 bln) syndicated term loan in Chinese currency to fund its decarbonization...

BlueScope forms consortium with Nippon, JSW, and Posco for Whyalla Steelworks bid

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BlueScope has announced it will lead a consortium including Nippon Steel, JSW Steel, and Posco to participate in the sale process for Australia's Whyalla...

Sims and Alter Steel sign MOU for long-term scrap supply partnership

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Sims Limited and Equest Steel Pty Ltd, trading as Alter Steel, have signed a non-binding Memorandum of Understanding (MOU) to support Alter's planned electric...

NeoSmelt consortium begins work on lower-emission steelmaking project

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NeoSmelt, a low-emissions ironmaking initiative backed by BlueScope, BHP, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has taken a major step forward...

BHP posts record iron ore output in FY25 despite weather disruptions

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BHP Group reported record iron ore production for FY2025, ending June 30, overcoming disruptions from Tropical Cyclone Zelia and Tropical Storm Sean. The ahead-of-schedule...

Rio Tinto and Hancock to develop Hope Downs 2 iron ore project

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Rio Tinto and Hancock Prospecting will invest USD 1.61 bln to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region,...

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