November 21, 2023

Press Release

BlueScope Steel Unveils Master Plan For Port Kembla Land

BlueScope Steel has unveiled a Master Plan to develop 200 hectares of non-steelmaking, excess landholdings adjacent to its Port Kembla Steelworks. The plan will see BlueScope transform the surplus area into a next generation multi-industrial precinct with potential to create 30,000 jobs in emerging industries such as clean energy, defence etc.

“We already have around $2 billion of capital investment manufacturing projects planned or underway in Port Kembla, and now with the release of the Master Plan, it’s absolutely true to say there has never been a more exciting time for BlueScope and the Illawarra,” said BlueScope Managing Director and CEO Mark Vassella at an event to mark the announcement. To underpin the company’s ambitions for its large-scale coastal landholdings, BlueScope also announced it had signed a memorandum of understanding with TAFE NSW to explore the opportunity for a ‘Super TAFE’ on the site.

The project will adhere to BlueScope’s First Nation’s Framework, recognising country and aiming to retain over 60% of the transformed site as green and blue space and open parklands. Mark Vassella said: “As we fast approach our 100-year anniversary of steelmaking here in Port Kembla, we are acutely aware of the cultural and historical significance of this site, one of the largest manufacturing sites in Australia. Our plan is to retain approximately 70% of the existing building floorspace to preserve this important steelmaking heritage.

“Preliminary economic modelling by Deloitte suggests the master plan could contribute up to $5 billion annually to the gross regional product. Our flag on the hill over the coming decades is to see 30,000 people working on this site in all sorts of new industries and services. That’ll take us back to the heyday of the Port Kembla Steelworks,” Mr Vassella said.

For further information, visit the website: BlueScope Steel