STAVIAN INDUSTRIAL METAL ESTABLISHES STRATEGIC PARTNERSHIP WITH GREEN STEEL WA TO ADVANCE GREEN STEEL INDUSTRY DEVELOPMENT IN AUSTRALIA

On July 29th, 2025, Stavian Industrial Metal Joint Stock Company (Stavian Industrial Metal) officially signed a Memorandum of Understanding (MoU) with Green Steel WA Collie Pty Ltd (GSWA Collie) – one of the leading companies in the field of green steel development in Australia.

The agreement aims to establish a strategic partnership between the two parties to jointly invest in the development of an Electric Arc Furnace (EAF) Plant in Collie, Western Australia. The project will have an annual capacity of 450,000 tons and will adopt cutting-edge technology from Danieli Group to produce green steel products, with commercial operation expected to commence in 2027. This is a sustainable, eco-friendly steel production model that plays a pivotal role in the global heavy industry’s decarbonization roadmap.

With solid foundation and advantages in capital resources, a global network of over 20,000 partners and customers across more than 100 countries and territories, and a portfolio of 20 exclusive business solutions tailored to the industrial metal value chain in both Vietnam and international markets, Stavian Industrial Metal not only accompanies GSWA Collie in developing the EAF plant, but is also actively researching and promoting investment for Phase 2. This phase aims at producing HBI (Hot Briquetted Iron), a critical feedstock for green steel, right in the Australian market.

With its robust and growing demand for steel, Australia has been identified by Stavian Industrial Metal as a strategic market within our global expansion strategy. Establishing a strong presence here not only unlocks opportunities to export steel from Vietnam to Australia, but also enables the company to enhance our transshipment and export operations from Australia to international markets – thereby playing a pivotal role in advancing a sustainable, intercontinental steel supply chain.

This strategic cooperation agreement once again reaffirms Stavian Industrial Metal’s strong commitment to positioning green metals as a core product in its long-term business strategy and our pioneering role in accelerating green metal consumption in the global transition toward net-zero carbon emissions./.