GFG Alliance's owner and chairman, Sanjeev Gupta, addressed the challenges faced by the company in 2024, highlighting production issues, financial losses, and shutdowns that made it one of the most difficult years in the steel industry. The company's blast furnace in Whyalla faced setbacks, leading to job losses and financial arrears with suppliers and providers like Aurizon and Pacific National. Despite the adversity, Gupta expressed optimism about the future, mentioning factors like dropping interest rates and market stabilization post-elections. GFG's focus on green steel aspirations in Whyalla involves transitioning to green hydrogen for steel production. The state government plans to build a hydrogen hub in the city by 2026, powered by renewable energy to support an electric arc furnace. Gupta stressed the importance of an energy solution like hydrogen for the company's green steel initiatives. While the transition is expected to take time and require infrastructure upgrades, GFG remains committed to the shift. Gupta highlighted the need for a smooth transition from coal to gas in the interim, with negotiations ongoing with Santos for gas procurement. He emphasized the importance of infrastructure upgrades to support the energy transition. Once the necessary elements are in place, including green hydrogen and infrastructure, Gupta believes that investors will be eager to support GFG's green iron and steel vision for Whyalla, despite the challenges and time required for implementation.