NeoSmelt Project

Participating interests

Acknowledgement

This Project received funding from the Australian Renewable Energy Agency (ARENA) as part of ARENA’s Industrial Transformation Stream Program.

Disclaimer

The views expressed herein are not necessarily the views of the Australian Government, and the Australian Government does not accept responsibility for any information or advice contained herein.

Footnotes

^{1. Woodside uses this term to describe the characteristic of having lower levels of associated potential GHG emissions when compared to historical and/or current conventions or analogues, for example relating to an otherwise similar resource, process, production facility, product or service, or activity. When applied to Woodside's strategy, please see the definition of lower-carbon portfolio in Woodside Glossary.}

^{2. Refer to footnote 1.}

^{3. ‘Near zero emissions’ for steelmaking’ is 0.40 tonnes of CO2-e per tonne of crude steel for 100 per cent ore-based production (no scrap), as defined by the International Energy Agency (IEA) and implemented in Responsible Steel International Standard V2.0 (‘near zero’ performance level 4 threshold). IEA (2022), Achieving Net Zero Heavy Industry Sectors in G7 Members, IEA, Paris, License: CC BY 4.0, which also describes the boundary for the emissions intensity calculation (including in relation to upstream emissions).}

^{4. Nation's largest ironmaking electric smelting furnace set for WA | Western Australian Government}

^{5. Industry giants collaborating to seek to decarbonise steel - Australian Renewable Energy Agency (ARENA)}

^{6. Energy supply may include hydrogen, natural gas and electricity.}