This grant allows BlueScope to focus on clean energy transition which includes wind towers and solar farm componentry, according to a company press release. The producer also will be able to “create an Advanced Steel Manufacturing Precinct at Port Kembla Steelworks” and modernize the company’s plate mill.

“The grant … will catalyze a further AU$161.6 million of investment by BlueScope and its partners Keppel Prince, Bisalloy and the University of Wollongong, and will create approximately 200 new jobs in steel manufacturing, plus up to 1,000 jobs in associated industries,” said BlueScope managing director and chief executive Mark Vassella.
Read more here.