Company pledges $500m for net zero mill to resurrect 'steel city'
Greensteel Australia pledged $500 million to build a net-zero steel mill in Newcastle, projected to open by January 2028, following nearly three decades since BHP's closure. The facility, located on a 70,000-square-metre site, aims to produce 600,000 tonnes of finished steel annually and create over 200 local jobs. Early works are expected to commence by the end of 2026.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 07 Jul 2026, 00:36 UTC · Updated 07 Jul 2026, 00:40 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
Trending
- Breaking: Senior WA minister Paul Papalia set to resign, triggering by-election
- Farmers stuck with 'broken' standalone power systems
- ‘Barely coherent noise’: Albanese blasts budget critics and the ‘axis of grievance’
- Why the Dolphins couldn’t keep their most prolific player
- Pioneer of ‘extreme male brain’ theory of autism now says phrase unhelpful
- Scavengers v humans: The race to avoid wildlife catastrophe