The South Australian Government has redirected $600 million meant for a green hydrogen project in Whyalla to bolster the struggling Whyalla Steelworks, aligning with the Federal Government's agreement. This shift came in response to GFG Alliance's delay in utilizing green hydrogen for steel operations. The focus now lies on transitioning the steelworks to electric arc furnace with direct reduced iron (DRI) alongside addressing the company's financial complexities. Additionally, a new $1 billion Green Iron Investment Fund was introduced to enhance sustainable steel production in Australia and globally, emphasizing the importance of low-emission steel. Despite setbacks in the hydrogen sector, including the Queensland Government retracting support for a major green hydrogen project, the country remains committed to green energy initiatives. The government's stance reflects a prioritization of supporting existing infrastructure like the steelworks amidst clean energy policy critiques. While there is hesitancy surrounding green hydrogen adoption due to recent project suspensions and global uncertainties, there is a recognized need to decarbonize industries, with green hydrogen playing a vital role in reducing emissions in challenging sectors. The drive towards sustainability and low-emission steel production remains a key focus amid evolving energy landscapes.