Dept of Industry, Science and Resources
The MoU will underpin the Australia-China Policy Dialogue on Steel Decarbonisation leaders agreed to establish during Prime Minister Anthony Albanese's visit to China in July 2025. It reflects a shared commitment to reduce emissions across the iron and steel value chains.
The policy dialogue will provide a forum to share insights and explore opportunities for decarbonising these sectors. It will focus on:
- iron and steel value chain decarbonisation pathways
- decarbonised iron and steel markets and trade
- respective domestic policy settings and opportunities for cooperation.
Steel and ironmaking account for up to 9% of global emissions. Demand for low-emissions steel will grow significantly in the coming decades, making collaboration essential for global decarbonisation efforts.
Australia will host the inaugural dialogue in 2026.
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