Podcasts about steelmaking

Experiments on the space station will investigate the contamination effects that take place between molten steel and slag during steel processing.

Title image credit: Worldsteel_Gerdau S.A._Brazil_wire rod inspection Leading steelmakers globally are beginning to take steps to decarbonise and low emissions steel options are emerging on the market. But new analysis from ResponsibleSteel demonstrates that radical shifts to reduce emissions by a select number of industry leaders or "first movers" will not be sufficient. The entire steel industry needs to take immediate action to make progress on the journey to net zero. And this progress needs to be mapped out in a universal language. New report by ResponsibleSteel ResponsibleSteel has unveiled a landmark report, "Charting Progress to 1.5°C through Certification." Using two base scenarios - the International Energy Agency's (IEA) Net Zero Emissions by 2050, and the Mission Possible Partnership's (MPP) Carbon Cost - the report offers a detailed mapping of the progress needed for the global steel industry to achieve climate commitments under the Paris Agreement. The report was reviewed in-depth by representatives from the IEA, the Energy Transitions Commission and Systemiq, and has been endorsed by industry, civil society and intergovernmental organisations including the OECD, Baowu Group, the Climate Group, and Lendlease. According to the analysis, for the industry to meet its Paris Agreement obligations every steel plant in the world needs to be emitting less than today's average emissions intensity by 2030. In other words, following a 1.5°C trajectory, today's average emitters will become the industry's worst offenders by 2030 if they do not take steps now to improve. Annie Heaton, ResponsibleSteel's CEO stated, "Transforming the steel industry will require bold and universal action. No one can sit on the sidelines. Our analysis shows how certification can be used both to plan and to track the progress of every site on an equitable basis. Those who are not certified cannot be tracked." The ResponsibleSteel International Production Standard is a powerful tool for steelmakers, policymakers, financial institutions, trade organisations, and campaigners, to track and drive the industry's transition at pace and scale. The Production Standard's Decarbonisation Progress Levels provide an internationally consistent framework that enables a like-for-like comparison of steel plants globally and incentivises all steelmakers to invest in decarbonised production processes whilst operating in a socially and environmentally responsible way at the same time. ResponsibleSteel's analysis of six key steelmaking regions clearly illustrates that there is a pathway for every part of the industry. Regional conditions such as scrap availability, natural resource endowments, climate policies, and available finance will likely impact the speed and nature of industrial change, but there is no room for inaction. Furthermore, steelmakers must start to look beyond their physical site boundaries. Indirect supply chain-related emissions could make up about one-third of total average sectoral emissions by 2050, so reducing these will prove critical to the steel industry's transition. Ms Heaton continued, "ResponsibleSteel provides a trusted apparatus for measuring, comparing, and certifying progress in driving down emissions that steelmakers, buyers, investors, and policymakers can all get behind." "Achieving net-zero steel emissions by 2050 is not only feasible but critical to achieving the commitments made under the Paris Agreement. ResponsibleSteel's report, 'Charting Progress to 1.5°C through Certification' provides a clear, actionable roadmap taking into account key regional and technological differences which will impact the speed and direction in which industry players progress. Steelmaking sites must begin this journey. As this report points out, all steelmakers need to have made substantial progress by 2030 to stay on track." - Stephan Raes, Head of Structural and Industry Policy Division, OECD "ResponsibleSteel's report offers valuable insights...

Part One (of two, we promise) on the sinking of the lake freighter Daniel J. Morrell in 1966.**GFM Campaign**Help us get Muhammad Al-Bardini and his family out of Gaza - Muhammad is a hospital volunteer at Al-Aqsa Martyrs Hospital and his GFM is over halfway to the goal. Anything you can give will help! https://www.gofundme.com/f/help-muhammad-and-his-family-from-gaza?lang=en_US&utm_campaign=fp_sharesheet&utm_medium=customer&utm_source=copy_linkSources: Boyer, Dwight. Ships and Men of the Great Lakes. Freshwater Press, 1977. History of Steelmaking in JohnstownMorrell, Daniel J. Great Lakes Vessel History.Schumacher, Michael. Mighty Fitz: The Sinking of the Edmund Fitzgerald. University of Minnesota Press, 2005. Schumacher, Michael. Torn In Two: The Sinking of the Daniel J. Morrell and One Man's Survival on the Open Sea. University of Minnesota Press, 2016. Thompson, Mark L. Graveyard of the Lakes. Wayne State University Press, 2000. Support the Show.

Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson joins Proactive's Jonathan Jackson to discuss a non-binding Heads of Agreement with JFE Shoji Australia Pty. Ltd. (JFE), a subsidiary of JFE Shoji Corporation. This agreement outlines the terms for negotiating a binding transaction. JFE will provide funding for the completion of the Razorback Iron Ore Project's Definitive Feasibility Study (DFS) and, in return, will receive rights to up to 10% of the ‘DR-grade' magnetite concentrate production over a 15-year period. JFE also has the option to convert these rights into equity or joint venture participation. Both companies aim to finalise a definitive agreement by January 31, 2025. Dobson highlighted the strong relationship formed with JFE over the past year and expressed optimism about the long-term collaboration and how the strategic alignment of the Razorback Project aligns with global decarbonisation efforts. South Australian Minister for Energy and Mining, Tom Koutsantonis, endorsed the agreement, aligning it with the state's Green Iron and Steel Strategy. This agreement follows extensive due diligence by JFE, including site visits since April 2023. The companies plan to develop the project through a joint venture, leveraging mutual strengths to meet the rising demand for green iron. #ProactiveInvestors #MagnetiteMines #ASX #JFE, #RazorbackProject, #IronOre, #MiningAgreement, #FeasibilityStudy, #JointVenture, #GreenIron, #Decarbonisation, #Steelmaking, #Australia, #Japan, #ResourceDevelopment, #StrategicPartnership, #MiningNews, #IronProduction, #SustainableMining, #EnergyAndMining, #Investment, #GlobalSteelmakers #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

This audio is brought to you by Wearcheck, your condition monitoring specialist. Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, while Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the first-quarter performance aspects that pleased diversified mining company Anglo American in the three months ending March 31. "We're driving operational excellence across our assets, focusing on stability and effective cost management as levers to deliver significant value through the cycle," Anglo CE Duncan Wanblad highlighted in a release to Mining Weekly on Tuesday. "We're progressing through our asset review to optimise value by simplifying and improving the overall quality of the portfolio," he added. With copper now representing 30% of total production, the business is being set up to deliver and grow into the major demand themes against the backdrop of several organic medium-term copper growth options. Steelmaking coal production also increased by 7%, owing to the performance at the Aquila longwall and Capcoal opencast operations in Australia, the London- and Johannesburg Stock Exchange-listed company stated in the First Quarter Anglo American Production Report. Anglo diamond mining and marketing company De Beers, the report noted, implemented changes to lower its diamond production for the year by about three-million carats. This, combined with 7% lower production of 834 000 oz from Anglo's platinum group metals (PGMs) operations resulted in flat production for the group overall when compared with the first three months of 2023. The lower PGMs production reflected expected lower volumes from the Kroondal PGMs mine, which is reported as third-party purchase of concentrate from November 2023, and lower production at the underground Amandelbult PGMs mine in Limpopo. Iron-ore production was flattened by the planned logistics-linked decrease to 15.1-milion tonnes at South Africa's Kumba Iron Ore offsetting the 4% production rise at Minas-Rio in Brazil. Full-year diamond production guidance has also been lowered to 26-million carats to 29-million carats, with unit costs revised up to $90/carat. Realised prices were all down except for diamonds. The biggest realised price fall was 61% for rhodium. Other big realised price falls were for palladium, which was 38% down, nickel, which was 37% down, Minas-Rio iron-ore, which was 38% down, the PGMs basket price, which was 30% down. PGM METAL IN CONCENTRATE Anglo's own mined production decreased by 14% to 504 300 oz on the disposal of Kroondal. Excluding Kroondal, production decreased by 6% owing to lower production from Amandelbult and Mototolo. Mogalakwena produced 219 500 oz, which was flat year-on-year. Production at Amandelbult decreased by 16% to 127 100 oz on lower recoveries and plant equipment breakdowns. Production at Mototolo fell 10% to 61 900 oz, caused by mining equipment breakdowns and challenging ground conditions as a section of the mine reaches its end of life. The Unki PGMs mine in Zimbabwe produced 62 800 oz, in line with the same period of last year. The purchase of concentrate increased by 5% to 329 800 oz, reflecting the transition of Kroondal to a 100% third-party purchase of concentrate arrangement. Normalising the comparative period to include 100% of Kroondal, results in a 10% decrease reflecting lower third-party receipts. Refined PGM production was flat at 628 000 oz. In the first quarter of every year, refined production is typically at its lowest, due to the annual stock count and planned maintenance at processing assets. KUMBA IRON ORE Kumba's quarterly production declined to 9.3-million tonnes, driven by a 12% decrease at Kolomela to 2.7-million tonnes. The operationally stable Sishen iron-ore mine lifted production by 4% to 6.6-million tonnes. Kumba's iron-ore sales fell 12% to 8.4-million tonnes, primarily as a result of equipment reliability challenges at the Saldanha Bay ...

It's a long way to global net zero emissions but some industrial efforts are getting traction. Proof-of-concept has been established in steelmaking, where hydrogen can help replace coal, and in aviation, where some planes are taking to the skies on biofuel. In this episode, we discuss the early stages of this transformation and what it will take to keep it going.Speaker: Rebecca Karnovitz, Vice President, Senior Credit Officer – ESG Group, Moody's RatingsHost: Sarah Carlson, Senior Vice President – Sovereign Risk Group, Moody's Ratings 

Back in September, U.S. Steel announced that it would be temporarily idling a blast furnace in Granite City, Illinois and pointed the finger at the UAW. At the time, leadership at the plant called the shutdown “risk mitigation” as the strike softened demand for steel from automotive customers.Fast forward a few months, and the strike has been resolved but things for U.S. Steel's Granite City facility haven't. Recently it was revealed that the company has issued a WARN notice, citing plans to shutter steelmaking indefinitely and putting hundreds of jobs on the chopping block.Some 265 workers were laid off when the temporary shutdown took place and now another 600 are expected to lose their jobs in January, blowing a massive hole in the workforce of 1,450 at the Granite City compound.U.S. Steel has faced challenges in recent years, and the future of the Granite City facility, particularly, has been up in the air. The company has previously made public its interest in selling blast furnaces and was even the target of a bidding war as it struggled to gain a competitive foothold.Because of the drama surrounding it, the stated reasoning for the initial idling of the Granite City facility back in September was met with skepticism. United Steelworkers Local 1899 President Dan Simmons reportedly said that the plant wasn't yet feeling the effects of the auto strike, and that it would take more time and more striking workers before it would. Likewise, local congresswoman Nikki Budzinki suggested the strike was a mere excuse for U.S. Steel, calling the effort to blame the UAW “a shameful attempt to pit working people against one another."This week, U.S. Steel Senior Vice President & Chief Manufacturing Officer Scott Buckiso reportedly said that demand from the idled operation would be taken on at other facilities and that rolling and finishing would still take place at Granite City, using slabs sourced from other sites.Download and listen to the audio version below and click here to subscribe to the Today in Manufacturing podcast.

Fusion News: October 4, 2023 Alexander Behzadi, an environmental scientist and recent graduate from the St. Mary University of Maryland, gives today's global fusion news update. Links to all the stories mentioned are included below. 1. A Futuristic Plan to Make Steel With Nuclear Fusion: https://www.wsj.com/business/a-futuristic-plan-to-make-steel-with-nuclear-fusion-2a18ac35 2. The Zap Energy approach to commercial fusion: https://pubs.aip.org/aip/pop/article/30/9/090603/2911595/The-Zap-Energy-approach-to-commercial-fusion?searchresult=1 3. Germany holds fusion hearing after funding and strategy announcements: https://www.fusionindustryassociation.org/germany-holds-fusion-hearing-after-funding-and-strategy-announcements/ 4. SUPERCONDUCTING MAGNETS AS A CATALYST: https://www.iter.org/newsline/-/3929 Bonuses: 1. All-In Summit: Nuclear fusion and the potential for energy abundance: https://www.youtube.com/watch?v=AIPULlqA5Wc 2. U.S. aims to create nuclear fusion facility within 10 years, Energy chief says: https://www.nbcnews.com/science/science-news/us-aims-create-nuclear-fusion-facility-10-years-energy-chief-says-rcna117340?ex=digest 3. Fusion is almost here: This is no time for Congress to shortchange research funding: https://thehill.com/opinion/technology/4212327-fusion-is-almost-here-this-is-no-time-for-congress-to-shortchange-research-funding/

Teck Resources is reorganizing its business. Hecla is now making a play for ATAC Resources. New drill results from Arizona Sonoran Copper, Canadian North Resources, Aurion Resources and New Pacific Metals. We'd like to thank our sponsors: Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. ASCU is an early-stage copper developer and explorer of the Cactus Mine and its satellite project, Parks/Salyer, both situated on a 4km mine trend on private land in Arizona's porphyry copper district. Opportunity for significant growth and scale exist along the trend, while future capex requirements outlined in the Cactus PEA benefit from significant onsite and nearby access to infrastructure. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America. For more information, please visit www.arizonasonoran.com. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit fireweedmetals.com.

Diversified miner Anglo American has signed a memorandum of understanding (MoU) with Japan-headquartered Nippon Steel to develop solutions for lower-carbon steelmaking. As an iron-ore supplier to the steelmaking industry, Anglo deems it important to help shape a greener future for the backbone of global infrastructure – steel. “By working together, we can drive system-level decarbonisation and pave the way for sustainable steelmaking, underpinning the steel industry's full potential as an enabler of society's wider economic prosperity and social development,” says Anglo marketing CEO Peter Whitcutt. The MoU states that the companies will research ways to optimise premium lump ore produced by Anglo to decrease emissions through the traditional blast furnace steelmaking process. The project will also focus on studying the use of Anglo's iron-ore in the more carbon-efficient direct reduction iron (DRI) steelmaking method. DRI is estimated to generate significantly lower emissions than the more prevalent steelmaking routes of blast furnaces and basic oxygen furnaces. Whitcutt explains that Anglo's product portfolio focuses on future-enabling metals and minerals that are critical to the transition to a lower-carbon world. “Working with our customers is one of the cornerstones of our efforts to reduce emissions across our entire value chain – the majority of which are associated with the downstream use of our products in steelmaking.” Nippon and Anglo's relationship spans more than five decades, which bodes well for this endeavour to further combine the groups' expertise. In October 2021, the publication of Anglo's Climate Change report set out an ambition to reduce Scope 3 emissions by 50% by 2040, building on a pre-existing commitment to reach carbon neutrality across its operations by the same year. The steel value chain was recognised as key to achieving this ambition, with the majority of Anglo's Scope 3 emissions linked to materials sold into the industry. The report outlined a holistic approach to decarbonisation, predicated across multiple levers, including developing high-quality products to feed into more efficient and less carbon-intensive production processes, driving efficiency and minimising emissions and working with customers to accelerate decarbonisation efforts. In turn, Nippon announced its carbon neutral vision 2050 strategy, which states a goal of reducing emissions by 30% by 2030 and achieving carbon neutrality by 2050. The company's efforts will include developing a large-scale electric arc furnace by 2030, in addition to its already operating smaller-scale ones and expanding the use of hydrogen in steelmaking. Nippon plans to speed up the development of a direct hydrogen-reduction steelmaking process for commercialisation before 2050.

The crew arrives at the Brotherhood of Steel compound to seek aid and information Rad Rolls Links Here!

Despite the significant energy intensity required to mine metals, the commodities are still “essential for the energy transition to succeed”, says BHP market analysis and economics VP Dr Huw McKay. He says that, although having a common goal of limiting global warming to below 2 °C of pre-industrial levels by the end of the century as set out in the Paris Agreement, there is no single, common or accepted path for how to get there. “There are as many ‘pathways to Paris' as there are climate scenario models. In the more than 100 Paris-aligned scenarios that we have looked at, there is a lot of variety. Yet there are some points on which most models seem to agree,” explains McKay. In this regard, it is commonly agreed that radical change to the world's energy and land use systems is required; and that the battle to limit and reduce emissions will be won or lost in populous emerging markets, where energy supply must grow to meet increasing demand while these markets simultaneously transition to low-carbon sources. In addition, he says it is commonly agreed that action must be taken as soon as possible, as it will be significantly less costly in monetary and socio-environmental terms than delayed action. “Policy must address all fundamental elements of the transition to allow the demand and supply sides of the system to adjust as required,” says McKay, adding that carbon pricing is a core ingredient of any effective policy framework. However, these factors present a dilemma for investors. “Metals are essential inputs for the hardware of decarbonisation – there will be no energy transition without a very large increase in the production of critical minerals,” he says. Yet, McKay notes that the production of minerals can itself be a greenhouse-gas (GHG) emission-intensive process. To tackle these dilemmas, BHP partnered with Legal & General Investment Management (LGIM), through which it developed a report. The report finds that there are two clear roles for investors in respect of this dilemma – to engage constructively with the resources industry to help drive down operational greenhouse gas emissions, and to mobilise the capital that will be required to ensure metal supply does not become an obstacle in the race towards meeting the Paris Agreement. “We believe investors must be a part of the transition through engagement, focusing efforts on creating an environment where companies, governments and allocators of capital work together to build the ecosystem where clean energy alternatives compete with and beat the incumbent GHG-emitting technologies,” he says. A successful transition will require a vast capital reallocation and will generate material risks and opportunities, placing investors and global capital markets at the “very centre” of the challenge, adds McKay. As such, yearly average energy capital investments would rise from about $2-trillion in current terms (2.5% of gross domestic product [GDP]) to about $5-trillion for the period from 2021 to 2050 (4.5% of GDP in 2030, falling to 2.5% of GDP by 2050) as per the International Energy Agency's Net Zero 2050 scenario. Total investment requirements in energy supply and infrastructure over the next 30 years could range from $92-trillion to $173-trillion, according to Bloomberg New Energy Finance. CRITICAL MINERALS Nonetheless, he says, if the world takes the actions required for decarbonisation in the coming years, cumulative demand for metals is expected to grow substantially. In the 1.5 °C scenario that BHP described in its Climate Change Report 2020, cumulative demand for primary copper may double in the next 30 years, and for primary nickel it may almost quadruple, in each case compared with the prior 30 years. “Steelmaking raw materials do a little better than one might think in the scenario – with an uplift over traditional crude steel ranges due to additional demand from extra wind turbines and carbon distribution pipelines assumed,” says McKay. This, he says, should...

Yesterday the Aussie share market rose for the 4th day, closing at its highest level since the pandemic – 6,928 points. Today, the futures are suggesting we'll get closer to that all-time high of over 7,000 points, and lift 0.5%. Of significance overnight, the US Federal Reserve reflected on the improved economic outlook, and also that the US Central Bank would continue to buy bonds until employment was back to normal.  What to watch today  International flights return to Melbourne for the first time in two months – returning Victorians home from overseas. The biggest carrier Qantas (ASX:QAN) is in an uptrend on the back of the NZ-Australia bubble. Qantas expects international flights to reopen by the year end. Australia's vaccination rollout – 857,200 people have been vaccinated – ScoMo wants 25 million Aussies to have had their first jab by October. Commodity stocks – will be back in focus. China wants to raise its use of scrap steel in the steelmaking process, to cut its imported iron ore. So look at Steel stocks – given iron ore stocks to face pressure. Keep an eye on Sims Metal Management (ASX:SGM) and BlueScope Steel (ASX:BSL). Companies going ex-dividend today, including ARB (ASX:ARB) and Universe Store (ASX:UNI).  Trading ideas:Afterpay (ASX:APT) had its Buy rating reiterated by Morgan Stanley with a $149 target, as it's on track to expand in Europe and Asia while its app downloads tripled in the US in March. Bell Potter reiterated its Buy call on cloud company Rhipe (ASX:RHP) with a $2.50 target, as it's diversified its business away from Microsoft while going into cyber security. Shiro Holdings (ASX:SHM), Asian Medusa Mining (ASX:MML) and Pinnacle Investment Management (ASX:PNI) are all giving off bullish charting signals according to Trading Central. 

We examine technologies that might lead to greener steel production, and ask who will pay. Professor Veena Sahajwalla of the University of New South Wales in Australia discusses her research into using waste such as car tyres to produce the metal. We hear about Swedish steelmaker SSAB's hydrogen manufacturing process, which is being piloted to produce steel with water as the only by-product. And Alan Knight of steelmaker ArcelorMittal tells us about his company's goal to mitigate carbon emissions through capture and storage of pollutants. Also in the programme, following a policy review the UK is to shift its focus to Indo-Pacific countries such as India, South Korea and Japan. The aim is partly to foster a democratic counterweight to China, and we explore the economic implications with Professor Laura Cleary, director of the consultancy Oakwood International Security. Plus, it's exactly a year since the pandemic forced the lights to go down on London's West End theatres. Nica Burns is co-founder of the Nimax Theatres group, which owns six venues in London including the Vaudeville and Garrick theatres, and explains what life has been like for the theatre industry over the past 12 months. (Picture: A steel forge. Picture credit: Getty Images.)

Taking cues from Tesla’s switch to lighter-weight steel from aluminum for its electric vehicles, the future of environmental innovations are linked to the future of steel, says longtime industry researcher Peter Warrian. “That’s the bind,” Warrian said at a Thursday virtual talk about the legacy of steelmaking in Hamilton, hosted by Wolsak & Wynn publishers. “You have the environmental concern … But you won’t get to the electric car unless you can keep those coke ovens operating for the next number of years.” Ultra high-strength steel begins with iron ore, which needs carbon to process, meaning that developing climate-conscious technology could result in greater carbon emissions in the short term, to save in the long term. In the interim, steel producers are looking for ways to make the process more carbon efficient. GUEST: Dr. Peter J. Warrian is a Senior Research Fellow at the Munk School of Global Affairs & Public Policy, University of Toronto See omnystudio.com/listener for privacy information.

Montem Resources (ASX: MR1) managing director Peter Doyle joins Small Caps to discuss the company's listing this week. After completing an $8 million initial public offering, Montem Resources is aiming to establish itself as a supplier of Canadian coking coal to the global steel industry. The funds raised will be used to restart the Tent Mountain Mine, and explore the Chinook Project.

Swedish-based Climeon shares the secret to sub-boiling water energy production from geothermal, steelmaking, and shipping. For pictures and additional info, visit http://www.energy-cast.com/38-climeon.html

We have passed the Ides of March, typically known as the days of full moons and holidays on the Roman calendar -- or the date that Emperor Julius Caesar met his demise -- and immortalized by the great Bard himself, William Shakespeare.For the global steel industry, this time of the year has come to...

Prices have been on the rise in early 2017 for steelmaking inputs and finished materials, but so has production. Year-on- year Chinese steel output was up 7% in January, according to the latest World Steel Association data, and US production rose by 6.5%. Can both upward trends co-exist, or will...

Did you know that the US steel industry produces 12 million cars' worth of CO2 per year? Well, it does, but materials science and engineering professor Chris Pistorius says there is hope in reducing that with a new fuel in town.

Did you know that the US steel industry produces 12 million cars' worth of CO2 per year? Well, it does, but materials science and engineering professor Chris Pistorius says there is hope in reducing that with a new fuel in town.

Ivan Van Sertima, is a scholar of African Studies at Rutgers University. He maintains that Africans were responsible for advances in metallurgy, astronomy, agriculture, medicine and other fields. He also believes that black Africans came to North America before Christopher Columbus. (Original broadcast 1997)

Ivan Van Sertima, is a scholar of African Studies at Rutgers University. He maintains that Africans were responsible for advances in metallurgy, astronomy, agriculture, medicine and other fields. He also believes that black Africans came to North America before Christopher Columbus. (Original broadcast 1997)