Understanding the demand for Green Steel, page-636

Net zero opportunities in the Upper Spencer Gulf | PM&C (pmc.gov.au)



The Net Zero Economy Agency (the Agency) has been meeting on-the-ground with regions experiencing impacts in the net zero transformation – like Newcastle and the Hunter, Latrobe Valley, and Gladstone and Central Queensland – to understand how we can support a positive and orderly net zero transformation of Australia’s economy.

The Upper Spencer Gulf is one of the regions where the Agency has been focusing. It has a strong industrial history built on its access to natural resources and port facilities, and is home to communities including Whyalla, Port Pirie, and Port Augusta.

With a supply of renewable hydrogen, South Australia could capitalise on its magnetite iron ore reserves and existing steelworks to replace fossil fuels with hydrogen in the iron-making process and significantly reduce emissions. The Agency has been working with the South Australian Government to examine what role the Australian Government could play in facilitating these opportunities. "

This is fantastic news. The Net Zero Economy Agency is responsible for promoting orderly and positive economic transformation to ensure Australia, its regions and workers realise and share the benefits of the net zero economy. Out of all the other regions our port pirie is one of their main focus. The work tim and gemma are doing to help our project gain visibility at the federal government level is working!! Well done team.