BHP launches India green steel collaboration amidst challenging economics
Green steelmaking remains far more expensive than traditional production processes.
Australian mining firm BHP is working with India’s state-owned steel manufacturer the Steel Authority of India Limited (SAIL) to accelerate the decarbonisation of the steelmaking process.
The collaboration will see BHP – one of the world’s top producers of iron ore, the base material for making steel – explore different possibilities to decarbonise SAIL’s steel plants, starting with an initial study to assess various greenhouse gas emissions reduction strategies.
