Part 8/9:
However, realization of this vision is contingent on first preserving and recapitalizing the existing plant. "You can't create a green steel industry out of thin air," Kavanaugh notes. Ensuring the plant's sustainability is foundational to entering the green steel market later. The skills, infrastructure, and raw materials need to be retained and revitalized.
Confidence in the Future of Wala
Kavanaugh describes the consortium’s interest as a positive and encouraging sign. It demonstrates international confidence in South Australia’s assets and strategic potential. Their involvement signifies recognition of the plant’s unique qualities—such as its proximity to key resource deposits and renewable energy sources—as vital to Australia’s economic and industrial future.