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Story summary
- Generation Steel signed a power purchase agreement with BHP to supply its Collie steel mill entirely with renewable electricity.
- Generation Steel will invest $850 million to build an electric-arc furnace mill in Collie, WA.
- The mill aims to produce 450,000 tonnes of rebar annually, requiring 250,000 MWh renewable power.
- Renewable contracts start in 2029, coinciding with the planned shutdown of Collie’s coal generators.