Iron Man Mali’s $1bn plan to make SA a green energy superpower...

Iron Man Mali’s $1bn plan to make SA a green energy superpower (archive.md)



A three-day economic summit in the Upper Spencer Gulf will be staged by Premier Peter Malinauskas in a bid to supercharge his $1bn-plus investment for the state to become a world leader in green iron, copper and renewable hydrogen energy. Positioning the region’s industrial revival as the linchpin of his year’s economic agenda, Mr Malinauskas will use the late February summit to outline the case for taxpayer funds to help kickstart green iron production, at Whyalla steelworks, and BHP’s proposed copper expansion.

In an interview with the Sunday Mail, Mr Malinauskas said SA’s renewable energy resources and stocks of magnetite – an ore crucial for green iron and steel production – provided a once-in-a-generation opportunity“In combination with the existing steel works, a major magnetite resource and the copper resource (of) Olympic Dam and surrounds, we have the chance to reindustrialise the Upper Spencer Gulf of our state, through the decarbonisation of global industry, to actually generate new sources of wealth for the people of South Australia,” he said.“We have to have the ambition as a state to look at the global decarbonisation exercise as an economic opportunity for future generations, which is exactly why the state government has been zeroing in on developing a comprehensive economic strategy to realise that opportunity in the Upper Spencer Gulf.Mr Malinauskas will argue for public spending on a $593m hydrogen power plant, near Whyalla, and ploughing hundreds of millions of dollars into an environmental impact study (EIS) to assess a desalination plant, providing water through a 600km pipeline network for projects headlined by BHP’s copper plans.”

I wished the pipeline went right instead to of north but hey whats a 200km water pipeline when they are happy to APPROVE a 600km pipeline ayyyy?