NRW’s mining contracting business Golding is owed up to $120 million in the collapse of the Whyalla steelworks and the nearby iron ore mines that supplied raw materials to the Sanjeev Gupta-owned group.
Meanwhile, Treasurer Jim Chalmers on Sunday played down the prospect of the government taking an equity stake in the Whyalla steelworks, but flagged mandating quotas to ensure the plant’s product was used in government projects.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com