GFG Alliance announces $1B expansion plan for Whyalla steelworks

GFG Alliance announced a $1 billion upgrade of the Whyalla steelworks in South Australia to increase capacity by 50% to 1.5 million tonnes per annum. The plan includes new technology, a co-generation plant, and modernized equipment, subject to feasibility study in 2018 and additional government support.

“British billionaire Sanjeev Gupta has given the green light to a $1 billion upgrade of the Whyalla steelworks to lift its capacity by up to 50 per cent.”afr.com

• 1 source
• afr.comSanjeev Gupta reveals $1b expansion plan for Whyalla steelworksSimon EvansDec 22, 2017

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