Liberty Primary Steel, part of industrialist Sanjeev Gupta’s GFG Alliance, has announced the construction of Australia’s largest steel plant.
The company will transform its operations at Whyalla, South Australia, by injecting more than $600 million into upgrades.
In a major move forward, two contracts have been signed for the design of equipment and construction with contracting partners Danieli and CISDI Engineering Co.
Danieli build a rail and structural heavy section mill, while CISDI Engineering Co will build a Pulverised Coal Injection Plant.
Gupta said these components would play a key role in securing Whyalla’s long-term future.
“This transformation will vastly improve the operational, financial and environmental performance of the operations, paving the way for Whyalla to become an enticing, global hub for innovative industry,” he said.
City of Whyalla mayor, Clare McLaughlin, said this was yet another fantastic announcement for the community.
“Most importantly for Whyalla, this project will create thousands of additional construction jobs and several hundred ongoing, with GFG committing to prioritising local skills,” said McLaughlin.
Following the announcement on progressing the Whyalla Transformation Program, Gupta shared plans for a visionary ‘Next-Gen’ mega steel plant for Whyalla, signing an engineering contract with CISDI for the ambitious project.
“Our cutting-edge transformation plans for the existing steel plant are just the beginning of what GFG Alliance has in store for the region,” he said.
“Utilising almost perfect local conditions – our own infrastructure including a deep-sea port; rich local resources; and unrivalled community passion – we now plan to build a new steel plant, one of the world’s largest, right here in Whyalla.
“’Liberty Next-Gen Steel’ will be the largest in the Western world, capable of producing 10 million tonnes per year, with the ability and infrastructure to double capacity in time,” said Gupta.
The project will be based on the latest technologies and best-in-class environmental measures.
It will focus on production of semi-finished steel – slabs, blooms and billets – exported to downstream operations in key strategic and growing markets around the world.