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Showing 11 - 20 of 33 results for "Iron Ore"

Calls for government to strike while green iron is hot

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025  |  NEWS
... fossil fuel-based production if government policies were improved. Currently, Australia exports about $85 billion in iron ore per year. It said there are three key failings preventing the green iron industry from reaching its full potential. These are ...

Government creates $1bn green iron fund

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025  |  NEWS
... $122 billion in export revenue to the local economy by 2040. At present, Australia is the world's largest producer of iron ore, bringing in more than $100 billion in export income in FY24, while the broader iron and steel sectors employ more than 100,000 ...

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
... nonprofit, the Australasian Centre for Corporate Responsibility (ACCR), surveyed 500 global investors in steelmaking, iron ore and metallurgical coal mining. A large proportion of respondents were portfolio managers, investment managers or investment ...

Climate philanthropists lend muscle to green metal

MICHELLE BALTAZAR  |  THURSDAY, 20 JUN 2024  |  NEWS
... found that investors and philanthropists could help reduce global emissions by up to 7% by concentrating their efforts on iron ore production. The government estimates that the downstream emissions from iron exports alone sit at 1500 million tonnes of ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... our economic future like green steel are made in Australia, but this will require innovation and new ways of processing iron ore that decarbonise our steel industry." The Climate Capital Forum - an independent body pushing to make Australia a renewable ...

Element Zero raises US$10M for zero-carbon iron

ROSE MARY PETRASS  |  FRIDAY, 19 JAN 2024  |  NEWS
A Perth mineral technology company has raised US$10 million in seed funding to harness clean energy to process iron ore reportedly without producing carbon dioxide emissions. The funds will be used on research and development, engineering, and project ...

Traditional Owners to lead Pilbara renewables rollout on exclusive native title land

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
... Group. An up to $500 million compensation claim currently in the Federal Court alleges parts of Fortescue's Solomon iron ore mine were built without permission of Traditional Owners and destroyed significant cultural heritage sites. Separately, in ...

IGO announces new CEO

RACHEL ALEMBAKIS  |  TUESDAY, 13 JUN 2023  |  NEWS
... the Rio Tinto Executive Committee. Prior to this role, Vella was interim chief executive officer for Rio's Australian iron ore business, tasked with helming the business in the immediate aftermath of the Juukan Gorge tragedy. IGO cited the fact that ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
... wider implications are for Australian companies that are part of global supply chains as well. "If you're exporting iron ore to China that is manufactured into steel that is exported to the EU, that will be implicated," Nelson said. "There is an ...

Experts consider mining the transition

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... recently released our decarbonization strategy and really that is a real focus on real zero - real zero of our operations in iron ore - that's scope 1 and scope 2 and we still do have our net zero by 2040 for scope 3 emissions," she said. Bozanich said ...