Gupta to sell a stake in coking coal mine to relieve debt pressures and free up funds for Whyalla Steelworks - which in turn could confirm path for...
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Proceeds from a coal mine sale will be used to pump cash into the troubled Whyalla steelworks in a major debt deal.
Gupta to sell a stake in coking coal mine to relieve debt pressures and free up funds for Whyalla Steelworks - which in turn could confirm path for...
The troubled Whyalla steelworks in South Australia is sliding towards administration, with some 1000 jobs hanging in the balance.
The SA government is guaranteeing workers a job at the debt-ridden facility as a new climate war kicks off.
The SA government is guaranteeing workers a job at the debt-ridden facility as a new climate war kicks off.
The owner of the Whyalla steelworks has revealed that it is close to a deal for new financing to pay off its debts in South Australia.
In response to mounting pressures to settle substantial debts, the owners of Whyalla Steelworks, led by GFG Alliance’s chairman Sanjeev Gupta, are...
A global company must pay its creditors and demonstrate its capacity to invest in the Whyalla steelworks, SA Premier Peter Malinauskas has warned.
The Whyalla steelworks has been handed to administrators after the SA government amended laws to allow it to take action to secure its future.
The South Australian government is pushing through legislation to move the Whyalla Steelworks into administration, allowing the state to take control...