The Whyalla rescue package is not just an expensive bailout – it’s a chance to turn a crisis into an opportunity | Roy Green

The $2.4bn Whyalla rescue package is the first step in turning a crisis into a nation-building opportunity by creating a new industry from the legacy of an old one.

It is an opportunity to create an innovative new industry with a manufacturing base in Whyalla , Port Kembla , Newcastle and Newcastle .

Green steel products will bring premium prices in international markets, especially with the advent of the European carbon border adjustment mechanism.