GFG Alliance Executive Chairman Sanjeev Gupta has revealed the company is planning to construct a steel plant in Whyalla, South Australia, which it says will be the largest in the western world.
Gupta announced the project, dubbed Liberty Next-Gen Steel, alongside Prime Minister Scott Morrison and Leader of the Opposition Bill Shorten at a press conference in Whyalla this week.
“This is the turnaround state and this is the comeback city in Australia when we’re talking about Whyalla,” Mr. Morrison said.
The project will create a new steel plant for Whyalla capable of producing 10 million tonnes a year.
Mr. Gupta also announced that the existing Whyalla steelworks would also be transformed through a $600 million investment into a 1.8 million tonnes a year steel producer.
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