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Newcastle’s Steel Future Returns | Adelaide News
Description
Greensteel Australia is set to revive Newcastle’s steel legacy with a $500 million electric-powered plant opening in January 2028, promising 600,000 tonnes of locally made steel annually—and hundreds of new jobs—to replace the void left when BHP shut down in 1999. Using zero-carbon tech like green hydrogen, the facility aims to slash imports, stabilize prices, and eventually process iron ore to finished steel right in the Hunter region, fueling a broader industrial renaissance alongside new train manufacturing plans.
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