Product catalogue
Levelised costs for green ironmaking and steelmaking across Australia
<div>Steelmaking value chains are economically important to Australia, but the need to decarbonize traditional steel-making processes could disrupt existing supply lines. Hydrogen-based iron and steel production offers one pathway for reducing the carbon intensity of steel. Here, we present maps assessing the costs of hydrogen-based direct reduction of iron oxides (to produce hot briquetted iron), optionally coupled with steelmaking in an electric arc furnace (i.e. the H2-DRI-EAF value chain). Developed as part of the Exploring for the Future program and in collaboration with Monash University, these models build off the functionality of the Green Steel Economic Fairways Mapper (beta release), with additional enhancements to the modelling algorithm to reflect constant furnace operation, the incorporation of costings to transport the produced hot briquetted iron or steel to domestic ports, and the optimisation of facility capacities. The capacity of facilities (including solar and wind generation, proton exchange membrane [PEM] electolysis, battery storage, and hydrogen storage tanks) are determined by the 1 Mtpa production target and the local availability of renewable energy resources, as modelled according to 2019 data sourced from the Renewables.Ninja ( https://www.renewables.ninja/; Pfenninger & Staffell, 2016; Staffell & Pfenninger, 2016). The high-resolution (approximately 5.5 km pixels) maps reflect our preferred technology cost assumptions (see Wang et al., 2023) for the year 2025. Iron concentrate feedstocks are assumed to cost AU$150 per tonne, reflecting approximate costs for 65 % Fe pellets as derived from magnetite ores. Conversions to USD assume US$1.00 = AU$0.73.</div><div><br></div><div>Geoscience Australia's Exploring for the Future program provides precompetitive information to inform decision-making by government, community and industry on the sustainable development of Australia's mineral, energy and groundwater resources. By gathering, analysing and interpreting new and existing precompetitive geoscience data and knowledge, we are building a national picture of Australia's geology and resource potential. This leads to a strong economy, resilient society and sustainable environment for the benefit of all Australians. This includes supporting Australia's transition to a low emissions economy, strong resources and agriculture sectors, and economic opportunities and social benefits for Australia's regional and remote communities. The Exploring for the Future program, which commenced in 2016, is an eight year, $225m investment by the Australian Government.</div>
Simple
Identification info
- Date (Creation)
- 2024-02-28T07:00:00
- Date (Publication)
- 2024-03-05T00:02:48
- Citation identifier
- Geoscience Australia Persistent Identifier/https://pid.geoscience.gov.au/dataset/ga/149288
- Citation identifier
- Digital Object Identifier/https://dx.doi.org/10.26186/149288
- Cited responsible party
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Role Organisation / Individual Name Details Publisher Commonwealth of Australia (Geoscience Australia)
Voice Author Haynes, M.
Internal Contact Author Wang, C.
Internal Contact Author Walsh, S.D.C.
External Contact Author Weng, Z.
Internal Contact Author Feitz, A.
Internal Contact
- Purpose
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Rendered maps and geo-referenced rasters covering the Australian continent. The products summarise cost estimates for the production of hot briquetted iron and/or steel, levelised by the volume of production. The products provide an insight into the resource development potential for a specific steelmaking value chain technology that has been proposed as a means of significantly lowering the carbon intensity of steel production.
- Status
- Point of contact
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Role Organisation / Individual Name Details Resource provider Minerals, Energy and Groundwater Division
External Contact Point of contact Commonwealth of Australia (Geoscience Australia)
Voice Point of contact Haynes, M.
Internal Contact
- Spatial representation type
- Topic category
-
- Geoscientific information
Extent
))
- Maintenance and update frequency
- Not planned
Resource format
- Title
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Product data repository: Various Formats
- Website
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Data Store directory containing the digital product files
Data Store directory containing one or more files, possibly in a variety of formats, accessible to Geoscience Australia staff only for internal purposes
- Project
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EFTF – Exploring for the Future
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- Project
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Australia’s Resources Framework
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- Project
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Australia’s Future Energy Resources
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- Project
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Economic Fairways
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- Project
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Hydrogen studies
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- Keywords
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Green steel
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- Keywords
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Green hydrogen
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- Keywords
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Green iron
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- Keywords
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steelmaking
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- Keywords
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ironmaking
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- Keywords
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Renewable energy
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- Keywords
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Electrolysis
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- theme.ANZRC Fields of Research.rdf
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Other Earth Sciences
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Urban And Regional Planning
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Engineering
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- Keywords
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Published_External
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Resource constraints
- Title
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Creative Commons Attribution 4.0 International Licence
- Alternate title
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CC-BY
- Edition
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4.0
- Addressee
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Role Organisation / Individual Name Details User Any
- Use constraints
- License
- Use constraints
- Other restrictions
- Other constraints
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© Commonwealth of Australia (Geoscience Australia) & Monash University 2024
Resource constraints
- Title
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Australian Government Security Classification System
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
- Classification system
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Australian Government Security Classification System
Associated resource
- Association Type
- Informed
- Title
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From Australian iron ore to green steel: the opportunity for technology-driven decarbonisation
- Citation identifier
- 147005
- Citation identifier
- 5377741d-ece0-4e01-b87e-6bf49da11c03
Associated resource
- Association Type
- Informed
- Title
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Green Steel: Synergies between the Australian Iron Ore Industry and the Production of Green Hydrogen
- Citation identifier
- 146059
- Citation identifier
- e01585a4-69c9-423c-8568-ef9816dc3251
- Language
- English
- Character encoding
- UTF8
Distribution Information
- Distributor contact
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Role Organisation / Individual Name Details Distributor Commonwealth of Australia (Geoscience Australia)
Voice facsimile
- OnLine resource
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Download Maps (zip - jpg tif txt) [1.1 MB]
Download Maps (zip - jpg tif txt) [1.1 MB]
- Distribution format
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jpg tif txt
- File decompression technique
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unzip
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Resource lineage
- Statement
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<div>Bespoke algorithms have been created for the Green Steel Economic Fairways Mapper to optimise iron- and steel-making system capacities with respect to minimising costs according to the availability of renewable energy at a given location. Renewable energy availability is modelled on an hour-by-hour basis reflecting conditions from the year 2019, as available from the Renewables.Ninja website. Iron concentrate feedstocks are assumed to cost AU$150 per tonne, reflecting approximate costs for 65 % Fe pellets as derived from magnetite ores. Conversions to USD assume US$1.00 = AU$0.73.</div>
Reference System Information
- Reference system identifier
- EPSG/WGS 84 / geographic 2D (EPSG: 4326)
Metadata constraints
- Title
-
Australian Government Security Classification System
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
Metadata
- Metadata identifier
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urn:uuid/5f840616-948a-49af-a80f-8f2e9ff5340f
- Title
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GeoNetwork UUID
- Language
- English
- Character encoding
- UTF8
- Contact
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Role Organisation / Individual Name Details Point of contact Commonwealth of Australia (Geoscience Australia)
Voice Point of contact Haynes, M.
Internal Contact
Type of resource
- Resource scope
- Dataset
Alternative metadata reference
- Title
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Geoscience Australia - short identifier for metadata record with
uuid
- Citation identifier
- eCatId/149288
- Date info (Creation)
- 2024-03-04T22:40:07
- Date info (Revision)
- 2024-03-04T22:40:07
Metadata standard
- Title
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AU/NZS ISO 19115-1:2014
Metadata standard
- Title
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ISO 19115-1:2014
Metadata standard
- Title
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ISO 19115-3
- Title
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Geoscience Australia Community Metadata Profile of ISO 19115-1:2014
- Edition
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Version 2.0, September 2018
- Citation identifier
- http://pid.geoscience.gov.au/dataset/ga/122551