Whyalla Steelworks in Australia is facing challenges in its transition to becoming the country’s first green iron and steel facility. The plant, previously managed by GFG Alliance, is now in need of government intervention to survive. Despite the struggles, the federal government has allocated funds to support the steelworks and South Australia's ambition to produce green iron. This move has led to the redirection of funding from the Office of Hydrogen Power to ensure the continued operation of Whyalla Steelworks. The closure of the Office of Hydrogen Power highlights the importance of hydrogen in decarbonizing steel production. However, the unique advantages of Whyalla Steelworks, such as its high-grade iron ore supply chain and existing infrastructure, position it as a promising contender for low-emissions steel production. The plant's access to renewable energy resources in South Australia further enhances its potential in the green iron and steel market. Investments in Whyalla could pave the way for Australia to become a significant player in green steel production. The shift towards green iron in locations with established facilities like Whyalla not only eases the transition phase but also mitigates risks for the iron and steel sector. Despite challenges, Whyalla Steelworks presents a beacon of hope for Australia's green steel future.