GFG Alliance seeks to buy green hydrogen from Whyalla hub

Global industrial business GFG Alliance is looking to decarbonise its Whyalla steelworks operations and has agreed with the South Australian government to consider opportunities for green hydrogen supply from the 250-MW electrolyser to be built near Whyalla.

“Today’s agreement gives us and our stakeholders confidence to ramp up our efforts and commitment to the production of our 4 billion tonnes of high-quality magnetite, the establishment of a state-of-the-art green iron and green steel plant which will ultimately be powered by renewable energy and green hydrogen,” GFG Alliance’s executive chairman Sanjeev Gupta said in a statement published over the weekend.

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The South Australian government is set to build a AUD-593-million (USD 390.1m/EUR 360.1m) hub that will house an electrolyser and hydrogen storage facilities, targeting commercial operation early in 2026. In October, the state named the potential winners in the tender, a consortium of international gas and engineering giants.

In addition to the green hydrogen supply option, GFG said on Sunday that it has inked a memorandum of understanding (MoU) with Australian energy company Santos Limited for potential long-term natural gas supply, combined with carbon capture and storage (CCS) opportunities, to its Whyalla operations which is necessary for the transition to hydrogen.

The MoU was signed by Liberty Primary Metals Australia Pty Ltd, part of GFG Alliance.

(AUD 1 = USD 0.658/EUR 0.607)