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 ...
Shares close lower; Aristocrat Leisure, Evolution Mining a ‘buy’; Citi tips gold rally; Mayne Pharma up 25pc; Star leaps, ...
GFG Alliance executive chairman Sanjeev Gupta says his firm can start pumping money into the crisis-ridden Whyalla steelworks ...
Described bluntly by one Labor figure as a “pay up or piss off” strategy, Mr Gupta has faced sustained attacks on his ...
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 ...
As well as the debt to SA Water, GFG Alliance has not made any royalty payments to the government this financial year, ...
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Iron Knob is one of several GFG mines that feeds iron ore into the company’s $1.3 billion Whyalla Steelworks. After a period spent out of action, the Whyalla blast furnace was recently brought back ...
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