Govt, NZ Steel unveil huge decarbonisation plan

Govt, NZ Steel unveil huge decarbonisation plan
A hot steel slab produced at NZ Steel's Glenbrook Mill (Image: NZ Steel)
Pattrick Smellie
The government will invest up to $140 million in a $300m upgrade to New Zealand’s only steel mill, at Glenbrook south of Auckland, in the largest single action taken to date to reduce the country’s greenhouse gas emissions.By converting half of its current steel production to use electricity instead of coal, Australian-owned NZ Steel will reduce NZ’s total annual carbon emissions by approximately 1% - or 800,000 tonnes a year - and meet 5% of the total reductions required between 2026 and 2030 to meet the carbon budget.Underpi...

More Infrastructure

Our man in Argentina
Policy

Our man in Argentina

What happens when a pescatarian goes to the home of beef?

Oliver Lewis 5:00am
Fast-track panels to be set up from Feb 7
Policy

Fast-track panels to be set up from Feb 7

Application cost details expected in coming weeks. 

Oliver Lewis 10 Jan 2025
Rail tunnel important for coal exports to reopen
Infrastructure

Rail tunnel important for coal exports to reopen

Miner Bathurst Resources suffered a financial hit from the West Coast tunnel closure.

Oliver Lewis 08 Jan 2025
Infratil $480m injection prevents CDC devaluation
Infrastructure

Infratil $480m injection prevents CDC devaluation

The value of Infratil's holding has grown tenfold since acquisition. 

Gregor Thompson 07 Jan 2025