BHP Group and NeoSmelt Consortium Secure A$19.8 Million ARENA Grant to Develop Low-Emission Steelmaking Technology in WA

Reuters

Jun 17, 2025

BHP Group and NeoSmelt Consortium Secure A$19.8 Million ARENA Grant to Develop Low-Emission Steelmaking Technology in WA

BHP Group Limited, along with consortium partners BlueScope, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has welcomed a significant boost from the Australian Renewable Energy Agency (ARENA), which has committed A$19.8 million to support the NeoSmelt project. This consortium-led initiative aims to develop a pilot plant for lower-emissions steel production in Western Australia. The funding will aid a Front-End Engineering Design (FEED) study to explore using Pilbara iron ore to produce lower-carbon iron, potentially paving the way for alternative steelmaking processes. The project is currently in the feasibility phase, with a final investment decision anticipated in 2026. This initiative also benefits from a previous A$75 million contribution from the Western Australian Government, highlighting a collaborative effort to advance decarbonisation in the steel industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BHP Group Limited published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BHP Group Limited published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0330918003.SGD","symbol_name":"Blackrock World Mining A2 SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nNDL3BpS1n:1","article_id":"2544939869","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544939869","pubTimestamp":1750131359,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BHP Group Limited, along with consortium partners BlueScope, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has welcomed a significant boost from the Australian Renewable Energy Agency , which has committed A$19.8 million to support the NeoSmelt project. 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While PUBT str","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0330918003.SGD":"Blackrock World Mining A2 SGD-H","LU0345781412.USD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) INC","LU0955669360.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD","IE0034235071.USD":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","SG9999002521.SGD":"United Global Resources A Acc SGD","BK7129":"钢铁","LU0630314457.HKD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (HKD) ACC","LU0345777147.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USD) ACC","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","LU0612318385.USD":"BGF NATURAL RESOURCES \"A2\" (USD) ACC","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","WDS.AU":"WOODSIDE ENERGY GROUP LTD","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU0171293334.USD":"贝莱德英国基金A2","LU1078025761.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USDHDG) ACC","BSL.AU":"BLUESCOPE STEEL LTD","BHP.AU":"BHP GROUP LTD","BK7142":"石油与天然气的勘探与生产","SG9999001143.SGD":"United Gold and General A Acc SGD","BK7507":"资源股","LU0345780950.USD":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) ACC","RIO.UK":"力拓","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB  LE EQUITY \"A\" (USD) ACC","BK5111":"多种金属与采矿","LU0788109121.HKD":"BGF WORLD MINING \"A2\" (HKDHGD) ACC","LU1430597077.USD":"BGF NATURAL RESOURCES \"A\" (USD) INC","LU0075056555.USD":"贝莱德世界矿业基金A2","IE00BQJZX424.USD":"FRANKLIN MV EUROPEAN EQUITY GROWTH AND INCOME \"A\" (USDHDG) INC","BK7095":"多种金属与采矿","IE00BWDBJ516.SGD":"Legg Mason QS - MV European Equity Growth and Income A Mdis SGD-H Plus","LU1023059493.AUD":"Blackrock World Mining A2 AUD-H","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU0345777659.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USD) INC","LU0654597011.USD":"BGF NATURAL RESOURCES \"A4G\" (USD) INC","LU0456854461.SGD":"JPMorgan Funds - Global Natural Resources A (acc) SGD","LU1064927863.SGD":"JPMorgan Funds - Europe Dynamic A (acc) SGD-H","BK7511":"ESG概念","LU0612318971.USD":"BGF NATURAL RESOURCES \"A5G\" (USD) INC"},"translate_title":"必和必拓集团和NeoSmelt财团获得1980万美元的ARENA拨款，用于在西澳开发低排放炼钢技术","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.UK":0.9,"BHP.AU":0.9,"BSL.AU":0.9,"WDS.AU":0.9},"content_text":"BHP Group and NeoSmelt Consortium Secure A$19.8 Million ARENA Grant to Develop Low-Emission Steelmaking Technology in WA\n    \n\nBHP Group Limited, along with consortium partners BlueScope, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has welcomed a significant boost from the Australian Renewable Energy Agency (ARENA), which has committed A$19.8 million to support the NeoSmelt project. This consortium-led initiative aims to develop a pilot plant for lower-emissions steel production in Western Australia. The funding will aid a Front-End Engineering Design (FEED) study to explore using Pilbara iron ore to produce lower-carbon iron, potentially paving the way for alternative steelmaking processes. The project is currently in the feasibility phase, with a final investment decision anticipated in 2026. This initiative also benefits from a previous A$75 million contribution from the Western Australian Government, highlighting a collaborative effort to advance decarbonisation in the steel industry.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BHP Group Limited published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}