Mr Sanjeev Gupta announces mega steel plant for Whyalla
Steel News - Published on Tue, 11 Dec 2018
Image Source: GFC GFC Alliance reported that following his ground-breaking announcements on progressing the Whyalla Transformation Program, GFG Alliance Executive Chairman, Mr Sanjeev Gupta, shared plans for a visionary ‘Next-Gen’ mega steel plant for Whyalla, signing an engineering contract with CISDI for the ambitious project. Mr Gupta said that “Our cutting-edge transformation plans for our existing steel plant are just the beginning of what GFG Alliance has in store for the region. Utilising almost perfect local conditions – our own infrastructure including a deep-sea port; rich local resources; and unrivalled community passion we now plan to build a new steel plant, one of the world’s largest, right here in Whyalla. ’Liberty Next-Gen Steel’ will be the largest in the Western world, capable of producing 10 million tonnes per year, with the ability and infrastructure to double capacity in time.”
Mr Gupta said that “Using the most advanced technologies and our own local resources, we will aim to be one of the most competitive steel producers globally. Thousands of job opportunities will be created throughout the construction phase and from the plant’s ongoing operations. This will see a new generation of steel-makers proudly competing on the world stage, and reflects our desire to transform Whyalla into both an Australian and global powerhouse of industry for generations to come.”
The project will be based on state-of-the-art technologies and best-in-class environmental measures. It will focus on production of semi-finished steel slabs, blooms and billets exported to downstream operations in key strategic and growing markets around the world.
https://steelguru.com/steel/mr-sanjeev-gupta-announces-mega-steel-plant-for-whyalla/528563
- Forums
- ASX - By Stock
- ECT
- New Steel Plant largest in the Western world, 10-20 Million tonnes/year
New Steel Plant largest in the Western world, 10-20 Million tonnes/year
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.929M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 20986002 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 8145583 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 20986002 | 0.002 |
21 | 31525024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 8145583 | 8 |
0.004 | 9119578 | 13 |
0.005 | 5286335 | 28 |
0.006 | 5238567 | 9 |
0.007 | 2428333 | 3 |
Last trade - 12.11pm 15/08/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online