Whyalla is an excellent place to develop Australia’s first green steel production, according to Federal Member for Grey Rowan Ramsey.
“With the announcement by Energy and Emissions Reduction Minister Angus Taylor of a new $18bn technology roadmap this week, the Upper Spencer Gulf is in an ideal position to locate a Hydrogen Hub and use that capacity to produce green steel,” Mr Ramsey said.
“Minister Taylor has prioritised five key energy technologies which the Federal Government will target to play a large part in driving down the nation’s emissions; clean hydrogen, energy storage, low carbon steel and aluminium, carbon capture and soil carbon technologies have all been nominated as pathways to our low emissions future.”
“The Federal Government has allocated $18bn over the next 10 years to invest in developing projects. I expect us here in the Upper Spencer Gulf to be able to access some of that capital and play a very significant role in achieving our national targets.”
“GFG Alliance’s Sanjeev Gupta has already flagged his intention to make the Whyalla steelworks an internationally competitive “green steel” hub as part of his transformation of the steel works.”
“South Australia already boasts the largest wind and solar generation capacity in the nation with investment and construction continuing at pace. With any amount of possible new sites, it strongly demonstrates our suitability for the establishment as a “hydrogen hub.”
“In Whyalla, with the adjacent deep sea port at Point Lowly already exporting liquified petroleum products, surrounded by renewable electricity, a steel plant which has a ready supply of local magnetite and an owner expressing intent to take the plant in this direction – it offers an enormously attractive package.”
“There are only a small handful of places in Australia which could conceivably host a “green steel” plant, but we have more things in our favour than any of the others. We are well positioned to lead Australia through the transition to renewables.”