View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
In association with Worley
  1. Sponsored
July 2, 2021updated 26 Oct 2021 1:01pm

Worley joins HILT CRC as key partner to help decarbonise Australia’s heavy industry

The Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) was formally approved by the Australian Government on Wednesday 30 June 2021.

Free Whitepaper
img

Lessons for the resources sector: the energy transition

Written by Worley’s Dr Alan Monaghan, Senior Vice President, Technology & Expert Solutions and Nick Bell, Global Sector Leader - Mining, Minerals and Metals The confidence of the energy and resources industry has been shaken by the pace of change that began with the global financial crisis in 2008 and was exacerbated by the COVID-19 pandemic and the climate change threat. Competitive tensions between operators and suppliers, with owners squeezing down margins and transferring risks to their suppliers, created a culture where the resource pool for major projects was reduced. But global warming and the now urgent need to transition to clean energy infrastructure are likely to bring about a new supercycle of prolonged investment in the journey towards net zero, as the demand for capital projects to expand the volume of transition commodities starts to accelerate. If we’re to meet the ‘never-before-seen’ expansion demands associated with the energy transition, we are going to need to collaborate and coordinate in a manner never previously envisaged, let alone achieved… Enter your details here to receive your free whitepaper.
by Worley
Enter your details here to receive your free Whitepaper.

With $39 million in funding, delivered over a 10-year period, alongside $175 million of industry investment, Australia’s leading companies will embark on a program to accelerate the reduction of carbon emissions across heavy industry.

Heavy industry produces material such as steel, aluminium and cement that are essential to the Australian, as well as the global economy. However, the industry’s carbon footprint is becoming incompatible with a changing world as countries, including Australia, address their obligations under the United Nations Paris Agreement. Low-carbon “green” metals are also in increasing demand, as companies seek to reduce their scope 1, 2 and 3 emissions.

HILT CRC members will drive industry collaboration for the delivery of existing and emerging technology required to meet our net-zero 2050 commitments. Worley joins Australia’s leading universities and other companies including FMG, Alcoa, South 32, Roy Hill and Grange Resources in the collaboration.

“We congratulate the HILT CRC team for bringing this essential alliance to fruition,” says Dr Alan Monaghan, Senior Vice President Technology and Expert Solutions, Mining, Minerals and Metals at Worley. “This is the first step in ensuring many of our major industrial products, such as steel and aluminium, remain relevant contributors in delivering a more sustainable world.”

Free Whitepaper
img

Lessons for the resources sector: the energy transition

Written by Worley’s Dr Alan Monaghan, Senior Vice President, Technology & Expert Solutions and Nick Bell, Global Sector Leader - Mining, Minerals and Metals The confidence of the energy and resources industry has been shaken by the pace of change that began with the global financial crisis in 2008 and was exacerbated by the COVID-19 pandemic and the climate change threat. Competitive tensions between operators and suppliers, with owners squeezing down margins and transferring risks to their suppliers, created a culture where the resource pool for major projects was reduced. But global warming and the now urgent need to transition to clean energy infrastructure are likely to bring about a new supercycle of prolonged investment in the journey towards net zero, as the demand for capital projects to expand the volume of transition commodities starts to accelerate. If we’re to meet the ‘never-before-seen’ expansion demands associated with the energy transition, we are going to need to collaborate and coordinate in a manner never previously envisaged, let alone achieved… Enter your details here to receive your free whitepaper.
by Worley
Enter your details here to receive your free Whitepaper.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The mining industry's most comprehensive news and information delivered every month. The mining industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU