GFG Alliance (GFG) has announced its updated Whyalla GREENSTEEL Transformation Plan in a major milestone for the business, as it seeks to secure the long-term future of its South Australian based steelworks.
This investment blueprint builds on previously-announced plans for a new Rolling Mill to be built by Danieli Group, Italy.
The announcement reveals further plans for a sophisticated Electric Arc Furnace (EAF) – utilising cutting edge technology for energy optimisation – and a Direct Reduced Iron (DRI) facility to produce low-emission GREENSTEEL from GFG’s abundant South Australian magnetite resource and domestic steel scrap.
The new DRI plant will be fed by Natural Gas, in time transitioning to green hydrogen produced from GFG’s own renewable energy projects including Cultana – one of Australia’s largest solar farms being built in Whyalla. Combined, these new facilities will produce advanced steel long products for the Australian construction, critical infrastructure and mining industries for generations to come.
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