Whyalla steelworks, Gupta and Australia

With Whyalla steelworks forced into administration, Australia has crucial decisions to make on the future of its steel industry
Whyalla still has some key advantages when it comes to making steel that could make the plant an attractive asset to new prospective owners.
South Australia places Gupta's Whyalla Steelworks in administration
MELBOURNE, Feb 19 (Reuters) - South Australia Premier Peter Malinauskas said on Wednesday the state had placed commodity tycoon Sanjeev Gupta's Whyalla Steelworks in administration, citing its ...
Setback for Gupta as Australia steelworks forced into administration
South Australia has taken control of Sanjeev Gupta’s Whyalla steelworks and forced it into administration over unpaid bills and alleged under-investment. The state government rushed through legislation on Wednesday,
Australian government steps in to bail out Whyalla steelworks
The federal government has joined with the South Australian government to bail out Whyalla steelworks. The bailout by the government consists of $2.4 billion in funding. South Australia Premier Peter Malinauskas announced “comprehensive” funding to be pay debts owed by GFG Alliance.
Major Australian steelworks enters administration
Australian government officials said on Wednesday they had placed a major steelworks into administration as it struggled to repay mounting debts. The steelworks is now in the hands of an administrator,
South Australia places Indian tycoon Gupta's Whyalla Steelworks in administration
South Australia has placed Sanjeev Gupta's Whyalla Steelworks into administration due to its worsening financial situation. The steelworks, previously owned by the struggling GFG Alliance, owes millions to the state government.
Steelworks forced into administration to 'save' future
A major steelworks has been handed to administrators after a state government amended laws to allow it to take action to secure its future.
Whyalla businesses relieved and 'stunned' by $2.4 billion support package for steelworks
Whyalla has been no stranger to emotional rollercoasters in recent years, and while some locals are wary of false dawns and ...
Sydney Morning Herald3d
What went wrong in Whyalla? And why is the government getting involved?
And how did the Whyalla mill get into such dire straits? The Whyalla steelworks in South Australia is in adminstration for the second time in less than a decade.Credit: Ben Searcy This is the ...
The Australian Financial Review4d
South Australia shirt-fronts Gupta to save Whyalla once again
The good people of South Australia will put up with a lot ... South Australian Premier Peter Malinauskas forced the Whyalla steelworks into administration after losing confidence in GFG ...
A quick timeline of the Whyalla steelworks
Whyalla's steelworks has gone into administration for the second time in under a decade. Here is a look at how events have ...
Daily Mail4d
Huge steelworks in South Australia on the verge of collapse
Australia's critically important Whyalla steelworks are on the verge of collapse, with tens of millions of dollars owed to creditors and up to 1,000 jobs under threat without government help.
RenewEconomy4d
Albanese pledges $2.4 billion to rescue Whyalla and Australia’s green steel ambitions
Prime minister Anthony Albanese has pledged $2.4 billion dollars in federal government funds to help ensure the survival of South Australia’s Whyalla Steelworks and, with it, keep alive an ...
The Australian4d
Whyalla contractors will have access to an emergency $50m as part of a $2.4bn rescue package
“It will also make available substantial additional financing to partner with a future owner and operator to upgrade the facility and ensure a green steel future for Whyalla and South Australia.
The Australian Financial Review3d
Labor open to equity stake in Whyalla steelworks
Prime Minister Anthony Albanese at Whyalla steelwork in South Australia on Thursday. Skai Skorup-Matthew The South Australian government seized control of the troubled steel plant on Wednesday ...