Displaying items by tag: expansion
Australia: Hallett Group plans to establish a slag cement grinding plant in Port Augusta, South Australia. Magnet News has reported the cost of the project as US$83.9m, towards which the producer has received US$13.4m in government funding. The plant will produce cement using South Australian ground granulated blast furnace slag (GGBFS) from Nyrstar’s Port Pirie and Liberty Primary Steel’s Whyalla steel refineries and fly ash from the site of the former Port Augusta power plant. Its operations will be 100% renewably powered. An accompanying new distribution facility at Port Adelaide will ship the cement to markets. The project will create 50 new jobs.
When the Port Augusta grinding plant becomes operational in 2023, its products will reduce regional CO2 emissions by 300,000t/yr, subsequently rising to 1Mt/yr, according to the company’s expansion plans.
Hallett Group chief executive officer Kane Salisbury said "We're talking about 1% of the entire country's 2030 [CO2 reduction] commitment, delivered through this project." Salisbury added "We're looking at turning South Australia into a global leader in manufacturing green cement."
India: Neelachal Ispat Nigam (NINL), a joint venture between MMTC, Industrial Promotion & Investment Corporation of Odisha (Ipicol) and Odisha Mining Corporation (OMC), is reportedly planning to expand its steel output to 6Mt/yr from the existing level of 1.1Mt/yr.
The expansion is expected to happen within five years. The cost of the expansion is likely to be around US$4.73bn, out of which US$631m has already been invested. At present, NINL's product portfolio includes pig iron and low ash mettalurgical (LAM) coke, along with nut coke, coke breeze, crude tar, ammonium sulphate and granulated slag. The envisaged products in the future include billets, bars and wire rods of different grades and sizes.
