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Rio Tinto’s Restructuring Signals a Global Industry Step Away From Coal

Although Chinese steel demand is dropping, it is demand for lower-grade ore used for coal-consuming blast furnaces that is entering decline, while demand for higher-grade ore suitable for lower-carbon steelmaking is on the rise.

The steel industry’s transition away from coal will also be accompanied by a geographical dislocation of ironmaking from steelmaking.

Anglo American’s surprise announcement this week of yet another shock-and-awe downsizing provides more than a hint about where coal markets are going. Burdened by excessive financial leverage and hammered by falling commodity prices, the…

The replacement of PCI coal with hydrogen in steelmaking via blast furnaces looks like being an early decarbonising application. Russia and Australia only suppliers of PCI coal.

Whitehaven Coal has acquired two metallurgical coal mines in Queensland from BHP Mitsubishi Alliance (BMA). The sale signals optimism about demand for Australian metallurgical coal that will prove misplaced in the long term.

The shift towards green hydrogen-based direct reduced iron (DRI) processes is widely considered a key step in the global steel sector’s decarbonisation pathway.

Iron ore quality a potential headwind to green steelmaking. Technology and mining options are available to hit net-zero steel targets

It is increasingly accepted that the long-term future of Australian thermal coal is being progressively eroded by the global transition to ever-cheaper renewable energy. The pace of technology transition in power generation has helped make…

Technology and mining options are available to hit net-zero steel targets in steelmaking.