Mr. Sanjeev Gupta has passionately extolled Australia's latent potential in harnessing green iron produced from nascent green hydrogen technology. During a captivating speech, commencing with a tale of his encounter with the erstwhile Prince Charles in Brisbane half a decade ago, Mr. Gupta, the executive chairman of the GFG Alliance, envisioned Australia's rise as the conceivable world's largest producer of gree' iron, reports The Australian Financial Review
Amidst the Informa Connect Australian Hydrogen Conference in Brisbane, Mr. Gupta implored his audience to adopt a visionary mindset, proclaiming, “Too ambitious? Maybe. But let's think big. Not in Europe, not in the ancient world, but right here in Australia. This time it will be the hydrogen iron age.”
Urging prompt action, Mr. Gupta cautioned, “The train is waiting at the station, and if we don't leap aboard, somebody else will take our seat.”
GFG acquired South Australia's beleaguered Whyalla steelworks in 2017. The company has repeatedly proclaimed its ambition to become a carbon-neutral steel producer by 2030, although milestones have encountered setbacks.