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BHP, Rio Tinto to build low-carbon iron pilot plant in Western ...
australia dri ghg investment rio
Wed, 18 Dec 2024 00:00:00 GMT
Australias BHP BHP.AX and Rio Tinto RIO.AX will jointly develop a pilot plant to produce low-carbon iron from Pilbara ores as they take steps to speed up decarbonisation in the steel industry, the companies said in a joint statement on Tuesday. The facility will use renewable power and direct reduced iron (DRI) technology in an electric smelting furnace (ESF) to produce molten iron, with a potential annual output of 30,000 to 40,000 tonnes. The facility will be developed with BlueScope


Australian iron ore giants shares sink on disappointing China ...
bhp china iron ore market
Tue, 12 Nov 2024 00:00:00 GMT
Shares in Australias iron ore miners slumped on Monday after another round of stimulus measures by their top customer China disappointed investors who had hoped for measures that would boost commodities demand. Iron ore prices slid to their lowest in more than two weeks on Monday after Chinas latest $1.4 trillion package unveiled on Friday offered no direct economic stimulus. BHP Group, the worlds largest listed miner, lost around 4% in its worst day in more than six months, while the


BHP Marks Second Successive Year of Record-Breaking Iron Ore ...
bhp iron ore production
Wed, 17 Jul 2024 16:29:00 GMT
BHP Group (BHP.AX) announced its second consecutive year of record-breaking iron ore production, underscoring a milestone achievement


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