Hallett Group aims to innovate and decarbonise Australia’s cement and concrete industry, supported by a Green Loan from Commonwealth Bank.
Hallett is the largest supplier of building and construction materials in South Australia and its $51 million Green Loan will advance its Green Cement Transformation Project (GCTP) – an initiative to repurpose industrial waste by-products by manufacturing them into green cement.
Split across the regional city of Port Augusta, along with new infrastructure in the Port of Adelaide, Hallett’s GCTP will manufacture supplementary cementitious materials (SCMs) – or products that can replace cement. The goal is to replace more than 50 per cent of traditional, emissions-intensive clinker-based cement used in concrete and mining applications, and to develop a secure supply of SCMs to support decarbonising Australia’s cement industry to help realise the nation’s decarbonisation plans.
Cement is the world’s second-most consumed material after water and one of the largest single sources of carbon dioxide emissions, with the industry being responsible for almost 8 per cent of the world’s carbon emissions footprint.1