Архіви Australia

Australian steelmaker abandons decarbonization due to high electricity prices

23.02.2021

Australia’s largest metallurgical company BlueScope Steel will begin scheduled modernization (lining replacement) of blast furnace No. 6 with a capacity of 2.1 million tons of steel per year at the Port Kembla steel mill (New South Wales). The company does not believe that low-carbon steel-melting technologies are advanced enough to become a viable alternative.

Technology is not enough: Australia calls for granting incentives to decarbonize industry

04.02.2021

Carbon neutrality of the Australian economy, which the country’s Government intends to achieve by 2050, is possible only after the establishment of appropriate financial incentives to decarbonize the industry, writes the local newspaper The Sydney Morning Herald, citing a number of experts.