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ArcelorMittal: Green steel for Europe, blast furnaces for …
ArcelorMittal has a 2050 net zero emissions target and is …
February 16, 2023
Simon Nicholas, Soroush Basirat
Report
ArcelorMittal’s path to net zero emissions under scrutiny …
(IEEFA AUSTRALIA): Luxembourg-based ArcelorMittal should prepare for difficult questions in its …
February 16, 2023
Press Release
Steelmakers’ double standards on decarbonisation
Giant steelmakers have adopted a hypocritical decarbonisation strategy in India
February 23, 2023
Simon Nicholas, Soroush Basirat
Analysis
Solving iron ore quality issues for low-carbon steel
The ability of DRI to use green hydrogen as a reducing agent, rather than metallurgical coal, means that investment in DRI is expected to expand significantly going forward.
August 09, 2022
Simon Nicholas, Soroush Basirat
Report
No economic case for new lignite plant in Bosnia and Herzegovina
The proposed new lignite-fired plant, Gacko II, in Republika Srpska, Bosnia and Herzegovina, would become a stranded asset under several scenarios and even with generous assumptions that favour lignite generation.
March 07, 2023
Paolo Coghe, Arjun Flora
Report
A reality check for Australian thermal coal exporters
The Southeast Asia region has been identified as a key growth market by Australian thermal coal exporters as the main export markets of Japan, South Korea and Taiwan are in decline. However, this growth is likely to be short-lived as…
February 27, 2023
Andrew Gorringe, Simon Nicholas
Report
Fossil fuels fail reliability test
Forced outages during a December freeze underscore serious performance problems facing coal- and gas-fired electric generators.
March 09, 2023
Dennis Wamsted
Report
HSBC joins major miners in turning away from further metallurgical coal mine development
It can now be expected over the coming years that more and more banks will stop providing finance for further metallurgical coal mining capacity, especially as it becomes ever clearer that alternative steelmaking technologies that don’t use…
January 30, 2023
Simon Nicholas
Analysis
“Hard-to-abate” must not become code for delaying steel decarbonisation
The shift away from coal-based steelmaking has accelerated and will inevitably happen faster than expected, in common with other technology transitions. The phrase “hard-to-abate” may need to be retired sooner than people think.
January 24, 2023
Simon Nicholas
Analysis
A move into Australian coal mining doesn’t change long-term outlook for Thungela
Thungela’s subsidiary Sungela will purchase an 85% stake in the Ensham mine in the state of Queensland from Japan’s Idemitsu Kosan for R4.1 billion (US$230 million), a move that helps diversify the company’s holdings and reliance on South…
March 06, 2023
Simon Nicholas
Analysis
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