GFG Alliance will sell all or part of the Tahmoor coal mine with the money to go towards paying its creditors at the Whyalla ...
A bombshell leaked report reveals Whyalla steelworks owner Sanjeev Gupta’s GFG Alliance owes at least $300m in outstanding debts to creditors – more than double an emergency finance package the firm ...
South Australia's Energy Minister has slammed the company that owns the Whyalla steelworks ... which is involved in the mining of hematite, a type of iron ore, at Iron Knob north-west of the ...
Mr Gupta was viewed as a saviour when he acquired the Whyalla steelworks and the associated iron ore mines in 2017 after former parent Arrium collapsed. But promises about a $500 million electric ...
Premier Peter Malinauskas has issued a blunt personal demand to Whyalla steelworks owner Sanjeev Gupta to pay creditors and debts as he pointedly refused to express trust in his firm’s ongoing ...
He says this “continuous ramping-up is critical” and GFG’s Whyalla business can be successful ... Gupta in October said the steelworks and iron ore operation was being propped up to the ...
Mr Gupta, who faces his own debt burden after the 2021 collapse of his financier, Greensill, revealed last October that the Whyalla steelworks and iron ore operation was being propped up to the ...
As well as the debt to SA Water, GFG Alliance has not made any royalty payments to the government this financial year, ...