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Defining Tomorrow
We drive innovation and sustainability for a resilient future.
The World’s First Carbon-Neutral Steel Plant
total investment
new jobs
tonnes pa CO₂ reduction
(for the equivalent production, compared to current Australian mills)
A Green Steel Future
Leveraging the South Australian Government’s vision, Greensteel Australia proposes a 70-hectare, state-of-the-art manufacturing and energy precinct in Newcastle, featuring Australia’s Largest 600 MW Green Hydrogen Plant, a 1.2 million tonne pa Direct Reduced Iron (H₂-DRI) facility, two Danieli Electric Arc Furnaces (EAFs), and two next-generation rolling mills (Structural Steel, High-Speed Rail Mill and Rebar Mill) – expanding capacity to 2.5 times current levels in Australia.
With a total capital expenditure of $2.1 billion, this plan is expected to abate 2.4 million tonnes of carbon annually – advancing Australia’s net-zero targets – and create over 2,000 construction jobs plus 1,000 permanent roles.
As we embark on this transformative journey, we are dedicated to leading the charge toward a greener future for the steel industry.
The future of steel is green, and it starts here.
Doubled Capacity, Zero Carbon
Two next-generation rolling mills will produce 1.2 million tonnes of hot-rolled, carbon-free steel annually – 2.5 times Australia’s current output.
High-Efficiency Electric Arc Furnaces
Two Electric Arc Furnaces (EAFs) use a highly efficient, flexible feed mix of Direct Reduced Iron (DRI) and scrap, eliminating CO₂ emissions.
Australia's Largest Green Hydrogen Plant
A 600 MW Green Hydrogen Plant will power our operations, representing Australia’s largest H2 facility.
Green Iron Production
A revolutionary 1.2 million tonne-per-year H2-DRI facility eliminates the need for coking coal and blast furnaces. This facility will produce GREEN IRON, the key ingredient for our EAFs.
Innovative Green Partnerships
The Australian Government’s Green Iron and Steel Strategy has laid a visionary foundation for industrial rejuvenation powered by renewables and hydrogen.
Our proposal aligns seamlessly with these goals, outlining a fast-tracked 600 MW hydrogen-based steelmaking hub in Newcastle – combining advanced H₂-DRI technology with EAF melting to minimise emissions and future-proof the region’s industrial base.
Greensteel Australia has completed the procurement stage and awarded the contract to Danieli, a global leader in green steelmaking technologies.
With a long-standing reputation for innovation, Danieli’s advanced solutions and commitment to sustainability align perfectly with our mission to decarbonise Australia’s steel industry.
Pioneering Green Technologies
At Greensteel Australia, innovation is at the core of our mission to revolutionise the steel industry and drive the transition to sustainable manufacturing.
Central to our innovation strategy is the development of green technologies that enable us to produce steel with a minimal carbon footprint. Our flagship project, the hydrogen-powered plant, exemplifies this commitment.
By leveraging the latest advancements in green hydrogen, we replace traditional fossil fuels with green energy, significantly reducing greenhouse gas emissions in Australia’s steelmaking process. This technology sets a new standard for sustainable steel production.
In addition to our hydrogen DRI plant, we are exploring other innovative technologies to further enhance the sustainability and efficiency of our operations. This includes electric arc furnaces powered by renewable energy, carbon capture and utilisation systems, and advanced data analytics to optimise production processes.
Sustainability Report
%
reduction in CO₂ emissions*
tonnes of green steel produced
total project investment
Intelligent Plants and Power Systems - Danieli
- Artificial intelligence drives efficiency and technological progress.
- Danieli Q-One digitalises electrical power control for melting.
- Q-Drive medium-voltage inverters for variable-speed management and sustainability.
- Danieli automation solutions shifting from product-based to service-based models.
- Q-Heat induction heating for efficient and sustainable green steel operation.
- Made to measure: the Danieli Automation Hi-profile.
- Expertise in plant automation and electric systems upgrades, also in shadowing mode.
- Flexibility plus intelligence guide Q-Robot applications in steel making.
- Production, process, quality and energy management with unified digital platform.
- Q-MPE hybrid approach to elevate steel mechanical properties.
*compared to traditional steel making

At our core, we believe in forging a sustainable future through green technology. By investing in eco-friendly innovations and prioritising the well-being of our staff, we are not only creating high-quality steel but also building a resilient and responsible industry for generations to come.

Mark Campbell
General Manager, Greensteel Australia
Industry News
