Western Australia's (WA) state Labor government is set to invest A$9.8mn ($6.9mn) in Generation Steel, supporting the company's planned Collie electric arc furnace (EAF) mill, which will produce 450,000 t/yr of rebar from recycled scrap.
The state funds will be matched by Generation and go towards completing pre-development activities after a bankable feasibility study confirmed the project's viability, WA premier Roger Cook said on 12 June. The pledge follows a previous A$4.5mn commitment from the government for the facility.
WA issued an expression of interest for offtake-ready low-emission steel products in November 2025. Generation, previously known as Green Steel of WA, is targeting a final investment decision by late 2026, with construction starting shortly afterwards and first steel production within 24 months.
The Collie EAF is set to be the state's first steel mill and the first new steel mill to be constructed in Australia in more than 30 years.
The state's Pilbara region is the world's largest source of iron ore — the most critical input of steel manufacturing.
Australian methane pyrolysis developer Hazer signed a letter of intent with Generation in March to supply up to 85,000t of graphite over a 10-year term, for use in the EAF.
