The SA government's $600 million in hydrogen plant proposal has been plunged into doubt, with the premier indicating the money could be spent elsewhere in Whyalla if the owner of the city's steelworks does not invest in upgrading the site.
The SA government has stopped short of guaranteeing the future of its $600 million hydrogen proposal outside Whyalla .The government indicated the hydrogen proposal depended on developments at the Whyalla steelworks, but expressed concerns that the site's owner GFG Alliance "doesn't have the capital" to invest in the necessary upgrades.
"Principally through being in arrears through royalty payments, that number is in the order of tens of millions of dollars," he said. He said GFG also owed money to SA Water but that it was "up to date" on other payments to the state government, such as payroll tax., and have repeatedly been touted as a potential source of hydrogen fuel to enable Whyalla steelworks owner GFG Alliance to launch its
"The state government is all in, the money's there in the budget, it's not coming out of the budget, we want to get that money out the door." "But we've got to keep an eye on what's going on in the steelworks because if we produced a hydrogen facility without the steelworks being a customer of the hydrogen — because GFG doesn't invest in the steelworks or, worse still, found itself in even more challenging financial circumstances than it is currently in — then we put ourselves in a precarious position."
"We know it's been four years in the making and barely a shovel in the ground," he said today."At the end of the day, there shouldn't be any scapegoat — if the premier has stuffed up, if he's spending a fortune of taxpayer dollars towards something that is a vanity project, then he should … say exactly that, and pull this project."
Whyalla Hydrogen Steel Steelmaking Green Sanjeev Gupta Gfg Liberty Steel Premier Peter Malinauskas
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