What's on the way
Industry is exploring ways to use renewable electricity and clean hydrogen which will lower emissions and open up new markets.
For green steel and green aluminium.
Producing green steel under $700 per tonne is our goal.
Producing green aluminium under $2,200 per tonne is our goal.
Exporting green steel and aluminium to the world.
- Industry is Australia’s largest energy user.
- Two thirds of that energy is used to produce heat for industrial and other processes.
- Using low emissions technologies instead of fossil fuels to produce steel and aluminium will help drive down emissions.
When low emissions technologies such as clean hydrogen and renewable electricity are used to produce materials like steel and aluminium, the resulting products are called:
- green steel
- green aluminium.
Producing these materials using low emissions technologies has the potential to significantly lower emissions.
Demand for green steel and green aluminium is increasing around the world, opening up a potential new export market.
We’re exploring opportunities to:
- produce and supply green alumina and aluminium
- produce and supply green steel
- export value-added iron ore for green steel production overseas.
What does it mean for you?
- there will be fewer emissions from industry in our atmosphere
- all the metals that we currently use (in cars, planes and buildings) will be produced in a way that is better for the environment
- our economy is set to strengthen with low emissions exports
- jobs in regional areas.
Under $700 per tonne
Producing green steel under $700 per tonne (based on marginal cost) is our goal. At this price it is competitive with steel produced using fossil fuels.
Under $2200 per tonne
Producing green aluminium under $2200 per tonne (based on marginal cost) is our goal. At this price it is competitive with aluminium produced using fossil fuels.
Discover how industry is innovating in its use of renewables.
Alcoa alumina refining (WA)
Alcoa plans to use renewable energy to power a process called mechanical vapour recompression (MVR), which will be used to generate steam instead of fossil fuel.
Pilbara Minerals' Lithium Mine (WA)
Pilbara Minerals’ Pilgangoora Project is central to Australia’s emerging lithium industry. Lithium is a key component in electric vehicle batteries and energy storage.