Market Newsgreen steel | 10 Apr 2026

Western Australia authorises Port Hedland low-carbon processing

A proposed Port Hedland pellet and HBI facility would use iron ore to produce higher-value, lower-carbon steelmaking inputs.

An open-pit iron ore mine connected to crushing, stockpiling, and rail infrastructure.

This is an Oman Global editorial summary of the external source linked below. It is not a company announcement or independent reporting.

Resources Review reported that Western Australia authorised a large downstream processing facility at Port Hedland backed by South Korean steelmaker Posco.

The proposed facility includes a pellet plant and hot briquetted iron plant, with expected output of about 2 million tonnes per annum of HBI and 0.7 million tonnes per annum of pellets.

The development is relevant to magnetite and green-steel positioning because it shows WA policy and project activity moving beyond raw ore exports toward upgraded steelmaking inputs.

Source: Resources Review