GFG Alliance Strikes Deal With SA Government to Explore Hydrogen Offtake
Published on February 26, 2024
The South Australian (SA) government has coined a deal with the owner of the Whyalla Steelworks that will allow the company to explore a hydrogen offtake from a taxpayer-funded power station. British billionaire Sanjeev Gupta’s GFG Alliance, which owns the steelworks, will explore commercial supply from the Port Bonython power station near Whyalla, a region largely dependent on iron ore mining and steel manufacturing. GFG Alliance is on its path to phase out coal-based steelmaking globally by 2030. In 2023, the company unveiled its plan to install a direct reduction plant (DRP) in Whyalla, which will initially use a mix of natural gas and green hydrogen before fully transitioning to green hydrogen once it becomes available at scale....