RIO's NeoSmelt venture wins ARENA backing for a pilot plant aiming to slash steelmaking emissions by up to 80%.

Currently, Woodside Energy and Mitsui Iron Ore Development have teamed up with Rio Tinto, BHP Group and BlueScope to grow NeoSmelt further.

They are heirs to the fortune made by Lang Hancock’s business partner Peter Wright, and a recent sale means the family now ...

PERTH, Australia, June 17, 2025--(BUSINESS WIRE)--NeoSmelt, a consortium of leading resources, energy and manufacturing companies working together on ways to produce lower-emissions steel 1 from ...

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The consortium, founded by BlueScope, BHP and Rio Tinto also welcomes two new equity participants – Woodside Energy and Mitsui Iron Ore Development – to the NeoSmelt joint venture, with the five ...