Electric Arc Furnace Announcement

As announced this afternoon, we have partnered with the Government and Contact Energy to shrink the carbon footprint of our Glenbrook steel mill.

This landmark partnership will see us build a new $300M electric arc furnace at our Steel Mill within the next three years, as part of the move to lower carbon production.

Renewable electricity and local scrap steel supply are core to the plan, to almost halve our carbon emissions and secure the future of domestic steel making in New Zealand.

For more information, please read our Press Release as attached.

Pictured: Electric Arc Furnace in action at North Star BlueScope