Recycling Today3d
GFG mill in Australia enters bankruptcy process
The state of South Australia has put the GFG Alliance Whyalla steel mill and related assets into administration and asked a ...
GFG Alliance boss Sanjeev Gupta says he aims to get Whyalla steelworks back to break-even by mid-year
Sanjeev Gupta says the Whyalla steelworks is turning over $13m-$14m per week, and he hopes the operation will be breaking ...
Whyalla steelworks forced into administration by SA government, GFG no longer running site
The South Australian government has forced the Whyalla steelworks into administration as it attempts to resolve the crisis at ...
SA government forces GFG Alliance Whyalla steelworks into administration
South Australian Premier Peter Malinauskus said he took the extraordinary decision to force the massive Whyalla steelworks ...
Whyalla steelworks' owner GFG Alliance owes about $15 million to SA Water, parliamentary committee hears
As well as the debt to SA Water, GFG Alliance has not made any royalty payments to the government this financial year, ...
SA parliament rushes through bill allowing government to move on GFG Alliance debts
The South Australian government’s move to push the Whyalla steelworks into administration was about no less than preserving ...
GFG Alliance fails to trigger $50m in state government funding pledged eight years ago
Not one cent of $50m in taxpayer funds promised to the Whyalla steelworks owner for vital new infrastructure has been spent ...
Whyalla locals collateral damage as workers laid off as Sanjeev Gutpa’s GFG Alliance unpaid steelworks bills cripple businesses
Planted among the salt bush and red sand near Whyalla Steelworks is a faded sign spruiking a promise made more than 10 years ...
Premier Peter Malinauskas reminds Whyalla steelworks’ owner GFG Alliance directors over following laws
Premier Peter Malinauskas has directly reminded directors of Whyalla steelworks owner GFG Alliance to ensure they are not ...
Sydney Morning Herald4d
Labor’s $500m plan to rescue Whyalla from wipeout
South Australia on Wednesday lost patience with British billionaire Sanjeev Gupta’s debt-ridden GFG Alliance, which owns the plant but has been teetering on the edge of collapse, and rushed ...
Couriermail4d
SA government forces GFG Alliance Whyalla steelworks into administration
British steel magnate Sanjeev Gupta’s GFG Alliance owned the plant, but the troubled firm owes creditors tens of millions of dollars, from the SA government to local subcontractors. Mr ...
Australian Broadcasting Corporation13d
Whyalla steelworks' owner GFG Alliance owes $15 million to SA Water, parliamentary committee hears
GFG has not made any royalty payments this financial year and owes "in the order of $15 million" to SA Water. A senior public servant said there are "concerns around solvency" for the troubled ...