[VIS] State Prosperity Project

Developments in Regional South Australia. Including Port Lincoln, Victor Harbor, Wallaroo, Gawler and Mount Barker.
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mattblack
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[VIS] State Prosperity Project

#1 Post by mattblack » Mon Feb 26, 2024 12:39 pm

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/

mattblack
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[VIS] Re: State Prosperity Project

#2 Post by mattblack » Tue Feb 27, 2024 12:04 pm

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.

mattblack
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[VIS] Re: State Prosperity Project

#3 Post by mattblack » Tue Feb 27, 2024 12:08 pm

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.

mattblack
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[VIS] Re: State Prosperity Project

#4 Post by mattblack » Tue Feb 27, 2024 12:09 pm

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.
Last edited by mattblack on Tue Feb 27, 2024 12:11 pm, edited 1 time in total.

mattblack
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[VIS] Re: State Prosperity Project

#5 Post by mattblack » Tue Feb 27, 2024 12:10 pm

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.

mattblack
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[VIS] Re: State Prosperity Project

#6 Post by mattblack » Tue Feb 27, 2024 12:10 pm

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.

mattblack
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Joined: Fri Feb 15, 2008 11:20 am

[VIS] Re: State Prosperity Project

#7 Post by mattblack » Tue Feb 27, 2024 3:38 pm

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.

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