Heavy cost-cutting coming at Whyalla to limit cash burn
Simon Evans
Heavy cost-cutting is on its way at the Whyalla steelworks owned by the collapsed Arrium, because administrator Mark Mentha says he needs to limit the "cash burn" quickly.
Mr Mentha was in Whyalla on Thursday for a series of meetings with key management at the steelworks and the iron ore mining operations in the nearby Middleback Ranges. He said speed is important now in slicing substantial costs out of the operations.
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