
RTS highlights industry-wide concerns
This week in Perth, WA, key industry representatives addressed some major challenges the Australian mining industry is facing at the Resources Technology Showcase. Concerns surrounding the feasibility of global green steel production amid challenging industry conditions, oversupply, low ore grades, approval delays and low ore prices, were prominent. BHP (ASX: BHP) WA iron ore asset president Tim Day says getting the costs of smelting iron ore using lower emissions fuels to compete with traditional blast furnaces is at least 10 years away. “It is very hard to compete against an established industry and making the industry commercial in Australia is proving harder than overseas,” he said. BHP, alongside Rio Tinto (ASX: RIO) and BlueScope, are currently developing Australia’s largest ironmaking…









