New thread for this vision as proposals stretch from Eyre Peninsular to Mid North and covers potential energy, steel making, mining and pastoral developments.
New website now up
https://www.stateprosperity.sa.gov.au/
[VIS] State Prosperity Project
[VIS] Re: State Prosperity Project
Announcements coming thick and fast
Global call to arms for SA’s push to decarbonise iron
Release date: 27/02/24
The Malinauskas Labor Government will officially begin its search for partners to kickstart South Australia’s Green Iron and Steel industry, cementing the state’s position as a green iron powerhouse.
The Premier today announced that an expressions of interest (EoI) process would commence in June, seeking involvement from businesses to jointly investigate the development of a hydrogen-based Direct Reduction Iron (DRI) plant in South Australia.
The commercial de-risking study will be a crucial first step in using our natural endowment of quality iron ore to provide green iron to the world.
Findings will help determine the specialised industrial precincts and supporting infrastructure required to de-risk investment in green iron and steel in South Australia.
It will also guide the government’s support and participation in partnerships, both with industry and the Commonwealth, to attract investment into the sector.
The Government aims to establish the DRI plant in South Australia before the end of the decade.
DRI plants provide an alternative to using coal fired furnaces to convert iron ore to steel using renewable sources, such as hydrogen, to reduce emissions from the process by 95 per cent.
The output of DRI, hot briquetted iron (HBI), also has significant advantages in the steelmaking process. These include higher iron content, lower impurities, and improved process efficiency, compared with using traditional iron ore in producing steel.
South Australia is well placed to take advantage of the green steel opportunity, through its unrivalled access to magnetite (the type of iron ore used in DRI technology) and its leadership in establishing an advanced hydrogen industry (the type of fuel used in DRI technology).
The announcement will form a key part of the Government’s Green Iron and Steel Strategy – part of the State Prosperity Project -- which will be released in the coming months.
Global call to arms for SA’s push to decarbonise iron
Release date: 27/02/24
The Malinauskas Labor Government will officially begin its search for partners to kickstart South Australia’s Green Iron and Steel industry, cementing the state’s position as a green iron powerhouse.
The Premier today announced that an expressions of interest (EoI) process would commence in June, seeking involvement from businesses to jointly investigate the development of a hydrogen-based Direct Reduction Iron (DRI) plant in South Australia.
The commercial de-risking study will be a crucial first step in using our natural endowment of quality iron ore to provide green iron to the world.
Findings will help determine the specialised industrial precincts and supporting infrastructure required to de-risk investment in green iron and steel in South Australia.
It will also guide the government’s support and participation in partnerships, both with industry and the Commonwealth, to attract investment into the sector.
The Government aims to establish the DRI plant in South Australia before the end of the decade.
DRI plants provide an alternative to using coal fired furnaces to convert iron ore to steel using renewable sources, such as hydrogen, to reduce emissions from the process by 95 per cent.
The output of DRI, hot briquetted iron (HBI), also has significant advantages in the steelmaking process. These include higher iron content, lower impurities, and improved process efficiency, compared with using traditional iron ore in producing steel.
South Australia is well placed to take advantage of the green steel opportunity, through its unrivalled access to magnetite (the type of iron ore used in DRI technology) and its leadership in establishing an advanced hydrogen industry (the type of fuel used in DRI technology).
The announcement will form a key part of the Government’s Green Iron and Steel Strategy – part of the State Prosperity Project -- which will be released in the coming months.
[VIS] Re: State Prosperity Project
Australia’s Copper Capital mining for jobs and investment
Release date: 26/02/24
Activity is escalating at Oak Dam – one of the most significant copper discoveries in recent history – as it looms as a key project to unlock South Australia’s potential as the nation’s copper capital.
BHP has significantly bolstered its operations at the site since the State Government gave approval for Oak Dam exploration program last year – with 12 rigs presently on site and the majority of its 150-person drilling camp now occupied.
BHP has established an integrated copper province in the state’s far north by combining the Prominent Hill and Carrapateena mines with its existing Olympic Dam mine, smelter and refinery, and Oak Dam exploration prospect.
Encouraging exploration data at Oak Dam is coupled with promising returns from a significant exploration drilling program beneath BHP’s existing mine at Olympic Dam.
The so-called “OD Deeps” program has identified extremely high grades of copper deep underneath the Olympic Dam ore body, in some instances of more than 2 per cent.
The South Australian Government has facilitated transfers of copper concentrate from Prominent Hill and Carrapateena to the Olympic Dam processing facility for smelting and refining.
BHP is assessing options for a new two-stage smelter at Olympic Dam which would more than double the capacity of the existing smelter from 0.5Mt to 1.0Mt-1.7Mt, with an ambition to lift copper production to around 500,000 tonnes a year.
More treatment of concentrates and ores means more complexity in our economy and higher-value exports, which stands to benefit all South Australians.
The opportunity for copper in the global economy is huge - it is the cornerstone for all electrical equipment and industrial machinery, and arguably the most important mineral in the world’s quest for decarbonisation. The global demand for copper is expected to double over the next 30 years, compared to the last 30.
Australia is home to 13 per cent of the world’s copper resources – second only to Chile – and South Australia hosts almost 70 per cent of that resource.
Most significantly, much of this resource is yet to be developed.
South Australia is already a global copper producer, but there is a clear ambition to dramatically elevate our standing in the global supply chain.
The Oak Dam discovery could be a game-changer. BHP’s Copper SA province operations and growth ambitions have the potential to bring significantly more jobs, skills, local business opportunities and economic growth for the state.
There is a lot of work to be done to realise the potential of the copper province, and strategic infrastructure like the Northern project will be key.
The Northern Water Business Case found that the project would facilitate a tripling of copper mining volumes in the state, including generating a forecast $9 billion in additional royalties.
Without a new water supply to the region, this considerable opportunity may not be able to materialise.
Release date: 26/02/24
Activity is escalating at Oak Dam – one of the most significant copper discoveries in recent history – as it looms as a key project to unlock South Australia’s potential as the nation’s copper capital.
BHP has significantly bolstered its operations at the site since the State Government gave approval for Oak Dam exploration program last year – with 12 rigs presently on site and the majority of its 150-person drilling camp now occupied.
BHP has established an integrated copper province in the state’s far north by combining the Prominent Hill and Carrapateena mines with its existing Olympic Dam mine, smelter and refinery, and Oak Dam exploration prospect.
Encouraging exploration data at Oak Dam is coupled with promising returns from a significant exploration drilling program beneath BHP’s existing mine at Olympic Dam.
The so-called “OD Deeps” program has identified extremely high grades of copper deep underneath the Olympic Dam ore body, in some instances of more than 2 per cent.
The South Australian Government has facilitated transfers of copper concentrate from Prominent Hill and Carrapateena to the Olympic Dam processing facility for smelting and refining.
BHP is assessing options for a new two-stage smelter at Olympic Dam which would more than double the capacity of the existing smelter from 0.5Mt to 1.0Mt-1.7Mt, with an ambition to lift copper production to around 500,000 tonnes a year.
More treatment of concentrates and ores means more complexity in our economy and higher-value exports, which stands to benefit all South Australians.
The opportunity for copper in the global economy is huge - it is the cornerstone for all electrical equipment and industrial machinery, and arguably the most important mineral in the world’s quest for decarbonisation. The global demand for copper is expected to double over the next 30 years, compared to the last 30.
Australia is home to 13 per cent of the world’s copper resources – second only to Chile – and South Australia hosts almost 70 per cent of that resource.
Most significantly, much of this resource is yet to be developed.
South Australia is already a global copper producer, but there is a clear ambition to dramatically elevate our standing in the global supply chain.
The Oak Dam discovery could be a game-changer. BHP’s Copper SA province operations and growth ambitions have the potential to bring significantly more jobs, skills, local business opportunities and economic growth for the state.
There is a lot of work to be done to realise the potential of the copper province, and strategic infrastructure like the Northern project will be key.
The Northern Water Business Case found that the project would facilitate a tripling of copper mining volumes in the state, including generating a forecast $9 billion in additional royalties.
Without a new water supply to the region, this considerable opportunity may not be able to materialise.
[VIS] Re: State Prosperity Project
Big players sign on to South Australia's clean hydrogen future
Release date: 26/02/24
South Australia’s first large-scale clean hydrogen production precinct, the Port Bonython Hydrogen Hub, has taken a major step with five major companies signing Development Agreements to use the facility.
Located near Whyalla in the Upper Spencer Gulf, the Port Bonython Hydrogen Hub is a common user facility for the production and export of hydrogen, and an integral part of South Australia’s first-mover strategy to enter the global hydrogen market.
With progress accelerating at the Port Bonython Hydrogen Hub and preparations underway on the $593 million State Government-funded Hydrogen Jobs Plan, South Australia is ideally positioned to become a world-class low-cost hydrogen leader.
In a significant step forward for the project, the Malinauskas Government has signed Development Agreements with five distinguished Port Bonython Hydrogen Hub project partners:
Amp Energy
Fortescue Energy
The Hydrogen Utility (H2U)
Origin Energy
Santos
These Development Agreements provide a clear pathway for project partners to secure a long-term lease on land at Port Bonython.
They will continue to progress feasibility studies and early design works for their proposed hydrogen projects, while continuing to collaborate with the Office of Hydrogen Power SA to define infrastructure requirements and advance critical environmental assessments.
Supported by the Australian Government’s $70 million matched funding, infrastructure development at the hub is progressing through master planning. This aims to strengthen common-user infrastructure solutions, including marine export infrastructure, electricity transmission and water supply.
The State Government is also spearheading a series of crucial scientific studies to deepen understanding of the marine and terrestrial environment at Port Bonython. These efforts aim to minimise community impact and safeguard local marine life, including the Giant Australian Cuttlefish.
The State Government acknowledges the Barngarla People as the native title holders of this land and will continue to work with the Barngarla Determination Aboriginal Corporation as the Port Bonython Hydrogen Hub progresses.
Release date: 26/02/24
South Australia’s first large-scale clean hydrogen production precinct, the Port Bonython Hydrogen Hub, has taken a major step with five major companies signing Development Agreements to use the facility.
Located near Whyalla in the Upper Spencer Gulf, the Port Bonython Hydrogen Hub is a common user facility for the production and export of hydrogen, and an integral part of South Australia’s first-mover strategy to enter the global hydrogen market.
With progress accelerating at the Port Bonython Hydrogen Hub and preparations underway on the $593 million State Government-funded Hydrogen Jobs Plan, South Australia is ideally positioned to become a world-class low-cost hydrogen leader.
In a significant step forward for the project, the Malinauskas Government has signed Development Agreements with five distinguished Port Bonython Hydrogen Hub project partners:
Amp Energy
Fortescue Energy
The Hydrogen Utility (H2U)
Origin Energy
Santos
These Development Agreements provide a clear pathway for project partners to secure a long-term lease on land at Port Bonython.
They will continue to progress feasibility studies and early design works for their proposed hydrogen projects, while continuing to collaborate with the Office of Hydrogen Power SA to define infrastructure requirements and advance critical environmental assessments.
Supported by the Australian Government’s $70 million matched funding, infrastructure development at the hub is progressing through master planning. This aims to strengthen common-user infrastructure solutions, including marine export infrastructure, electricity transmission and water supply.
The State Government is also spearheading a series of crucial scientific studies to deepen understanding of the marine and terrestrial environment at Port Bonython. These efforts aim to minimise community impact and safeguard local marine life, including the Giant Australian Cuttlefish.
The State Government acknowledges the Barngarla People as the native title holders of this land and will continue to work with the Barngarla Determination Aboriginal Corporation as the Port Bonython Hydrogen Hub progresses.
Last edited by mattblack on Tue Feb 27, 2024 12:11 pm, edited 1 time in total.
[VIS] Re: State Prosperity Project
Global Energy Giant GE selected as preferred supplier for Hydrogen Jobs Plan
Release date: 25/02/24
The South Australian Government has marked a significant milestone in the Hydrogen Jobs Plan by nominating GE Vernova as the preferred supplier for its world-leading turbines, which will be run on 100 per cent hydrogen.
The State Government has engaged an early contract involvement agreement with consortium partners ATCO Australia and BOC to deliver the Hydrogen Jobs Plan – which will include hydrogen production, power generation, and storage at Whyalla, in the Upper Spencer Gulf.
This agreement includes the procurement of critical equipment such as 100 per cent run hydrogen turbines for power generation.
A hallmark for the project, the four GE Vernova aeroderivative LM6000VELOX turbine generators, each equipped with LM6000 turbines, are expected to run on 100 per cent renewable hydrogen, generated onsite by 250MWe electrolysers.
GE Vernova’s Gas Power is a world leader in natural gas power technology, services, and solutions, with the world’s largest installed base of gas turbines and more than 670 million operating hours across its fleet.
Offering rapid-start capabilities, the gas turbines ensure flexible power when it is needed quickly.
The turbines are engineered for regular starts and stops, providing a strong, flexible solution for grids, like South Australia’s, that experience a high penetration of renewable generation.
Set to commence operations early 2026, the hydrogen facility will harness South Australia’s surplus renewable energy, generated by large-scale wind and solar farms, to produce renewable hydrogen.
This renewable will be stored and used to power the turbines injecting renewable energy back into South Australia’s electricity grid during periods when wind isn’t blowing and sun isn’t shining.
The facility will help further South Australia’s already nation-leading penetration of renewables, which generated a record 74 per cent of the state’s electricity needs in 2022-23.
The facility will also provide hydrogen offtake opportunities for local industries looking to decarbonise their operations.
The ECI for the project will continue into the second quarter of 2024 focussing on detailed project and engineering design, procurement of critical equipment, finalising contracting arrangements, and cost estimations.
Backed by a $593 million state government investment, the Hydrogen Jobs Plan will position the Upper Spencer Gulf region into a clean energy hub, cementing South Australia's status as a leader in the global transition towards sustainable energy transition.
Release date: 25/02/24
The South Australian Government has marked a significant milestone in the Hydrogen Jobs Plan by nominating GE Vernova as the preferred supplier for its world-leading turbines, which will be run on 100 per cent hydrogen.
The State Government has engaged an early contract involvement agreement with consortium partners ATCO Australia and BOC to deliver the Hydrogen Jobs Plan – which will include hydrogen production, power generation, and storage at Whyalla, in the Upper Spencer Gulf.
This agreement includes the procurement of critical equipment such as 100 per cent run hydrogen turbines for power generation.
A hallmark for the project, the four GE Vernova aeroderivative LM6000VELOX turbine generators, each equipped with LM6000 turbines, are expected to run on 100 per cent renewable hydrogen, generated onsite by 250MWe electrolysers.
GE Vernova’s Gas Power is a world leader in natural gas power technology, services, and solutions, with the world’s largest installed base of gas turbines and more than 670 million operating hours across its fleet.
Offering rapid-start capabilities, the gas turbines ensure flexible power when it is needed quickly.
The turbines are engineered for regular starts and stops, providing a strong, flexible solution for grids, like South Australia’s, that experience a high penetration of renewable generation.
Set to commence operations early 2026, the hydrogen facility will harness South Australia’s surplus renewable energy, generated by large-scale wind and solar farms, to produce renewable hydrogen.
This renewable will be stored and used to power the turbines injecting renewable energy back into South Australia’s electricity grid during periods when wind isn’t blowing and sun isn’t shining.
The facility will help further South Australia’s already nation-leading penetration of renewables, which generated a record 74 per cent of the state’s electricity needs in 2022-23.
The facility will also provide hydrogen offtake opportunities for local industries looking to decarbonise their operations.
The ECI for the project will continue into the second quarter of 2024 focussing on detailed project and engineering design, procurement of critical equipment, finalising contracting arrangements, and cost estimations.
Backed by a $593 million state government investment, the Hydrogen Jobs Plan will position the Upper Spencer Gulf region into a clean energy hub, cementing South Australia's status as a leader in the global transition towards sustainable energy transition.
[VIS] Re: State Prosperity Project
Whyalla at the epicentre of a hydrogen-powered industrial renaissance
Release date: 25/02/24
South Australian-produced hydrogen is poised to play a key role in the production of green steel and the decarbonisation of the Whyalla Steelworks, with the State Government and GFG Alliance reaching a landmark agreement to explore opportunities for hydrogen offtake from the Hydrogen Jobs Plan facility.
The Steelworks’ transition to green steel is taking place alongside the Malinauskas Labor Government’s $593 million investment in the world-leading Hydrogen Jobs Plan – building 250MWe electrolysers, a 200MW hydrogen power station and hydrogen storage.
That relationship is further strengthened with the Government signing an agreement with GFG Alliance, paving the way for a commercial hydrogen offtake deal.
It comes as oil and gas giant Santos today signed its own MOU with GFG Alliance to enter discussions for gas supply and carbon capture and storage opportunities to reduce emissions from the Whyalla Steelworks.
Santos and GFG Alliance have a long partnership, with Santos supplying gas to the Whyalla steelworks for several years. Santos Managing Director and CEO Kevin Gallagher said the agreement could see GFG Alliance become the first domestic third-party customer for Santos’ flagship carbon capture and storage project at Moomba.
The State Government’s hydrogen facility, due to become operational in 2026, will use South Australia’s excess renewable energy - generated by large-scale wind and solar farms - to produce renewable hydrogen. Hydrogen will be stored and used to fuel the power station as well as being available for local industry offtake.
The agreement with GFG Alliance commits to exploring opportunities for renewable hydrogen offtake from the hydrogen facility. Commercial negotiations to secure the supply are now progressing.
GFG Alliance last year announced plans to phase out coal-based steelmaking and decarbonise its operations at Whyalla, signing a supply contract for a low carbon electric arc furnace, which will not only dramatically reduce carbon dioxide emissions but also lift steelmaking capacity from 1 million tonnes a year to more than 1.5m tonnes a year.
The company has also engaged global equipment suppliers for the installation of a 1.8 million tonne a year Direct Reduction Plant, which will process local magnetite ore to produce low-carbon iron for use in the electric arc furnace.
The Direct Reduction Plant would initially use a mix of natural gas and renewable hydrogen sourced from the Hydrogen Jobs Plan facility, before fully transitioning to renewable hydrogen.
Hydrogen offtake by high emitting industries is a key objective for the Hydrogen Jobs Plan, which is part of the State Prosperity Project, a plan to grow South Australia’s economy by providing the key ingredients needed for global decarbonisation.
Release date: 25/02/24
South Australian-produced hydrogen is poised to play a key role in the production of green steel and the decarbonisation of the Whyalla Steelworks, with the State Government and GFG Alliance reaching a landmark agreement to explore opportunities for hydrogen offtake from the Hydrogen Jobs Plan facility.
The Steelworks’ transition to green steel is taking place alongside the Malinauskas Labor Government’s $593 million investment in the world-leading Hydrogen Jobs Plan – building 250MWe electrolysers, a 200MW hydrogen power station and hydrogen storage.
That relationship is further strengthened with the Government signing an agreement with GFG Alliance, paving the way for a commercial hydrogen offtake deal.
It comes as oil and gas giant Santos today signed its own MOU with GFG Alliance to enter discussions for gas supply and carbon capture and storage opportunities to reduce emissions from the Whyalla Steelworks.
Santos and GFG Alliance have a long partnership, with Santos supplying gas to the Whyalla steelworks for several years. Santos Managing Director and CEO Kevin Gallagher said the agreement could see GFG Alliance become the first domestic third-party customer for Santos’ flagship carbon capture and storage project at Moomba.
The State Government’s hydrogen facility, due to become operational in 2026, will use South Australia’s excess renewable energy - generated by large-scale wind and solar farms - to produce renewable hydrogen. Hydrogen will be stored and used to fuel the power station as well as being available for local industry offtake.
The agreement with GFG Alliance commits to exploring opportunities for renewable hydrogen offtake from the hydrogen facility. Commercial negotiations to secure the supply are now progressing.
GFG Alliance last year announced plans to phase out coal-based steelmaking and decarbonise its operations at Whyalla, signing a supply contract for a low carbon electric arc furnace, which will not only dramatically reduce carbon dioxide emissions but also lift steelmaking capacity from 1 million tonnes a year to more than 1.5m tonnes a year.
The company has also engaged global equipment suppliers for the installation of a 1.8 million tonne a year Direct Reduction Plant, which will process local magnetite ore to produce low-carbon iron for use in the electric arc furnace.
The Direct Reduction Plant would initially use a mix of natural gas and renewable hydrogen sourced from the Hydrogen Jobs Plan facility, before fully transitioning to renewable hydrogen.
Hydrogen offtake by high emitting industries is a key objective for the Hydrogen Jobs Plan, which is part of the State Prosperity Project, a plan to grow South Australia’s economy by providing the key ingredients needed for global decarbonisation.
[VIS] Re: State Prosperity Project
And one more today with a partnership between government technical college and BHP
Breaking ground with BHP at Port Augusta
Release date: 27/02/24
A significant relationship has been forged between global resources company BHP and the State Government’s Technical College at Port Augusta.
Premier Peter Malinauskas detailed the partnership with Australia’s largest public company today while visiting the site of the technical college.
Construction on the new technical college is due to begin in coming months, with the work to be undertaken by Sarah Construction.
The Port Augusta Technical College is one of two regional facilities amongst five technical colleges committed to by the Malinauskas Labor Government as part of a $208 million plan to provide an alternative senior secondary option that equips students with the workplace skills needed in areas of high demand.
The Technical College will open in 2025 and will be co-located on the Port Augusta Secondary School site on the corner of Victoria Parade and Hobby Avenue.
Based on analysis and engagement with stakeholders, the Port Augusta Technical College will provide school students with skills for jobs in key industries in the region including:
Mining and mineral processing
Renewable energy
Manufacturing and construction
Tourism and hospitality
Health and social support.
It will provide students with direct pathways to careers as electricians, engineers, boilermakers, gas fitters and other secure, well-paid vocations.
The technical college will be available to students across the wider region with short-stay accommodation also available on-site.
Breaking ground with BHP at Port Augusta
Release date: 27/02/24
A significant relationship has been forged between global resources company BHP and the State Government’s Technical College at Port Augusta.
Premier Peter Malinauskas detailed the partnership with Australia’s largest public company today while visiting the site of the technical college.
Construction on the new technical college is due to begin in coming months, with the work to be undertaken by Sarah Construction.
The Port Augusta Technical College is one of two regional facilities amongst five technical colleges committed to by the Malinauskas Labor Government as part of a $208 million plan to provide an alternative senior secondary option that equips students with the workplace skills needed in areas of high demand.
The Technical College will open in 2025 and will be co-located on the Port Augusta Secondary School site on the corner of Victoria Parade and Hobby Avenue.
Based on analysis and engagement with stakeholders, the Port Augusta Technical College will provide school students with skills for jobs in key industries in the region including:
Mining and mineral processing
Renewable energy
Manufacturing and construction
Tourism and hospitality
Health and social support.
It will provide students with direct pathways to careers as electricians, engineers, boilermakers, gas fitters and other secure, well-paid vocations.
The technical college will be available to students across the wider region with short-stay accommodation also available on-site.
[VIS] Re: State Prosperity Project
SA's big cost advantage to green-light green iron
South Australia is perfectly placed to lead the global race to decarbonise steel – widely known as the toughest sector to abate carbon emissions – with a landmark new study demonstrating the economic benefits of shipping SA-made green iron to the world.
A collaboration between Europe’s largest seaport authority, the Port of Rotterdam, and Monash University shows South Australian green iron has a 21% advantage when compared with shipping its raw components to Europe.
The Green Iron Supply Chain study highlights a generational opportunity for South Australia, demonstrating the viability of a local green iron industry that would see the state capture even more economic benefit from its abundant magnetite resources.
South Australia’s comparative advantages stem from the state’s superior magnetite – the form of iron used in the production of green iron and steel – as well as abundant renewable energy generation and the South Australian government's investment in green hydrogen power.
The study also points to South Australia’s established electricity networks and ports, its ‘one-window-to-government’ regulatory framework for energy, hydrogen and mineral resource investments, and the proximity of existing infrastructure to magnetite and hydrogen sources.
The Energy and Mining Minister outlined the findings of the joint study overnight, Adelaide time, at the World Hydrogen Summit in Rotterdam, where the state government delegation is liaising with prospective global partners to accelerate the green iron and steel industry in South Australia.
A formal Expressions of Interest (EOI) process for companies to partner in developing a green iron industry and supply chain in South Australia opens in June.
The EOI will seek interest from companies to jointly investigate the development of a hydrogen-based direct reduction iron (DRI) plant in South Australia before the end of the decade, as announced earlier this year by the Premier.
DRI production can reduce carbon emissions by up to 85%. Savings of this magnitude will be critical in attracting investment from jurisdictions that have carbon adjustment mechanisms in place.
https://www.energymining.sa.gov.au/home ... green-iron
Really good detailed explanation regarding green steel production imbedded in article;
https://www.energymining.sa.gov.au/__da ... 5660e0.pdf
South Australia is perfectly placed to lead the global race to decarbonise steel – widely known as the toughest sector to abate carbon emissions – with a landmark new study demonstrating the economic benefits of shipping SA-made green iron to the world.
A collaboration between Europe’s largest seaport authority, the Port of Rotterdam, and Monash University shows South Australian green iron has a 21% advantage when compared with shipping its raw components to Europe.
The Green Iron Supply Chain study highlights a generational opportunity for South Australia, demonstrating the viability of a local green iron industry that would see the state capture even more economic benefit from its abundant magnetite resources.
South Australia’s comparative advantages stem from the state’s superior magnetite – the form of iron used in the production of green iron and steel – as well as abundant renewable energy generation and the South Australian government's investment in green hydrogen power.
The study also points to South Australia’s established electricity networks and ports, its ‘one-window-to-government’ regulatory framework for energy, hydrogen and mineral resource investments, and the proximity of existing infrastructure to magnetite and hydrogen sources.
The Energy and Mining Minister outlined the findings of the joint study overnight, Adelaide time, at the World Hydrogen Summit in Rotterdam, where the state government delegation is liaising with prospective global partners to accelerate the green iron and steel industry in South Australia.
A formal Expressions of Interest (EOI) process for companies to partner in developing a green iron industry and supply chain in South Australia opens in June.
The EOI will seek interest from companies to jointly investigate the development of a hydrogen-based direct reduction iron (DRI) plant in South Australia before the end of the decade, as announced earlier this year by the Premier.
DRI production can reduce carbon emissions by up to 85%. Savings of this magnitude will be critical in attracting investment from jurisdictions that have carbon adjustment mechanisms in place.
https://www.energymining.sa.gov.au/home ... green-iron
Really good detailed explanation regarding green steel production imbedded in article;
https://www.energymining.sa.gov.au/__da ... 5660e0.pdf
[VIS] Re: State Prosperity Project
Can't quite get my head around the jobs that could be created with this enterprise.
Amp locks in contracts for massive 10GW Cape Hardy green hydrogen and ammonia project
A major green hydrogen, green ammonia and advanced fuels project backed by up to 10GW of electrolyser capacity has taken a crucial step forward in South Australia, with the finalisation of all required commercial agreements announced by developer Amp Energy.
Amp Energy reported the milestone on Tuesday, which includes a deal with ASX-listed resources outfit Iron Road to develop its Cape Hardy Advanced Fuels project within Iron Road’s 1,207-hectare Cape Hardy Industrial Port Precinct, on South Australia’s Eyre Peninsula.
A range of commercial agreements were executed and finalised in partnership with Iron Road, which owns the proposed Central Eyre Iron Project, an iron ore mine alongside a deepwater port at Cape Hardy. The two companies also finalised the project’s royalty structure and a common user infrastructure agreement.
The Canadian renewables developer was last year tapped by Iron road to lead development of the huge green hydrogen and ammonia production project proposed for the Cape Hardy Port Precinct, following a three-month competitive process.
But Amp in January sought a three-month extension to an agreement underpinning the project, buying time to finalise and execute transaction documents for its next phase.
Amp says development of the Cape Hardy Green Hydrogen project will now take place in stages, scaling up from 1GW through incremental stages to reach 10GW of total capacity, with plans to produce green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel.
Desalinated water for the electrolysers will be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water.
Cooperation is also ongoing with the Barngarla Determination Aboriginal Corporation RNTBC so as to ensure “meaningful” economic impact on the region. Amp Energy expects the first gigawatt electrolyser alone will result in approximately 4,000 and 6,000 indirect jobs.
Amp Energy has already seen the project’s concept, design, and pre-Front End Engineering Design (FEED) phase studied and reviewed by two leading global engineering firms, Arup and Technip Technologies.
Amp Energy hopes to complete the pre-FEED studies for the first 1GW electrolyser phase over the next 9 months, while FEED scoping and contracting is already underway ahead of a planned awarding of the FEED contract in late 2024 or early 2025.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad,” said Paul Ezekiel, Amp Energy president and co-founder.
“This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets.
“We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development.”
Iron Road CEO Larry Ingle says the green hydrogen project demonstrates the unique characteristics and value proposition the company’s Cape Hardy Industrial Port Precinct, which will play an integral role in South Australia’s hydrogen and green iron strategies.
“The complementary agreements reached with both Northern Water and Amp will further drive… the next step in our corporate development trajectory,” Ingle said.
https://reneweconomy.com.au/amp-locks-i ... a-project/
Amp locks in contracts for massive 10GW Cape Hardy green hydrogen and ammonia project
A major green hydrogen, green ammonia and advanced fuels project backed by up to 10GW of electrolyser capacity has taken a crucial step forward in South Australia, with the finalisation of all required commercial agreements announced by developer Amp Energy.
Amp Energy reported the milestone on Tuesday, which includes a deal with ASX-listed resources outfit Iron Road to develop its Cape Hardy Advanced Fuels project within Iron Road’s 1,207-hectare Cape Hardy Industrial Port Precinct, on South Australia’s Eyre Peninsula.
A range of commercial agreements were executed and finalised in partnership with Iron Road, which owns the proposed Central Eyre Iron Project, an iron ore mine alongside a deepwater port at Cape Hardy. The two companies also finalised the project’s royalty structure and a common user infrastructure agreement.
The Canadian renewables developer was last year tapped by Iron road to lead development of the huge green hydrogen and ammonia production project proposed for the Cape Hardy Port Precinct, following a three-month competitive process.
But Amp in January sought a three-month extension to an agreement underpinning the project, buying time to finalise and execute transaction documents for its next phase.
Amp says development of the Cape Hardy Green Hydrogen project will now take place in stages, scaling up from 1GW through incremental stages to reach 10GW of total capacity, with plans to produce green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel.
Desalinated water for the electrolysers will be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water.
Cooperation is also ongoing with the Barngarla Determination Aboriginal Corporation RNTBC so as to ensure “meaningful” economic impact on the region. Amp Energy expects the first gigawatt electrolyser alone will result in approximately 4,000 and 6,000 indirect jobs.
Amp Energy has already seen the project’s concept, design, and pre-Front End Engineering Design (FEED) phase studied and reviewed by two leading global engineering firms, Arup and Technip Technologies.
Amp Energy hopes to complete the pre-FEED studies for the first 1GW electrolyser phase over the next 9 months, while FEED scoping and contracting is already underway ahead of a planned awarding of the FEED contract in late 2024 or early 2025.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad,” said Paul Ezekiel, Amp Energy president and co-founder.
“This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets.
“We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development.”
Iron Road CEO Larry Ingle says the green hydrogen project demonstrates the unique characteristics and value proposition the company’s Cape Hardy Industrial Port Precinct, which will play an integral role in South Australia’s hydrogen and green iron strategies.
“The complementary agreements reached with both Northern Water and Amp will further drive… the next step in our corporate development trajectory,” Ingle said.
https://reneweconomy.com.au/amp-locks-i ... a-project/
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