The move toward low-carbon, direct reduced iron is key to decarbonizing the steel industry, and as a leading exporter of iron ore, Australia has an important role in this effort, Primetals Technologies said.
 
HILT CRC, a not-for-profit entity, aims to leverage Australia’s natural resources and develop technologies to decarbonize Australia’s heavy industrial sector. Primetals Technologies and MHI Australia will, over the next decade, contribute financially as well as through their experience in the global iron and steel industry.
 
“Australia has large deposits of iron ore, great potential for green energy, and boasts a dynamic academic and business environment. This puts the country in a unique position in the quest for net-zero by 2050 as a supplier of clean metallics,” Alexander Fleischanderl, technology officer upstream and head of Eco Technologies for Primetals Technologies, said.
 
“The HILT CRC, with its wide range of partners from across the energy, hydrogen, mining, and cement industries, will form a great ecosystem for innovation.”
 
Shigeru Nakabayashi, managing director of MHI Australia, said, “There is an urgent need to decarbonize the industry sector which is currently responsible for a significant portion of carbon emissions. MHI Group’s advanced technologies allows us to partner with Australia — a country where iron ore and iron manufacturing are key industries — in efforts to reduce emissions.”
 
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