# GFG Alliance plans over $1B investment to expand Whyalla steelworks

GFG Alliance, led by Sanjeev Gupta, plans to invest over $1 billion in the short-to-medium term to expand the Whyalla steelworks in South Australia, increasing capacity from 1 million tonnes to at least 1.5 million tonnes, with long-term potential for 5-10 million tonnes.

- Type: Investment
- Announced: 2017-07-17
- Where: Whyalla, South Australia, Australia
- Value: $1.00B
- Status: announced
- Capacity: 1.5 million tonnes per year (target)
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [GFG Alliance](https://endata.com/companies/19734.md)

## Sources

- [sbs.com.au](https://www.sbs.com.au/news/article/gupta-plans-big-sa-steel-plant-expansion/r7oifybl2), 2017-07-17: "Even our immediate, short-to-medium term plans see us investing well over $1 billion here."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.