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How Gupta’s ill-fated Whyalla ownership unravelled

Sanjeev Gupta has lost Adelaide’s politicians, and with them, his last loyal constituency.

Myriam Robin

When Sanjeev Gupta’s GFG Alliance first purchased the Whyalla steelworks off the collapsed Arrium in 2017, bagpipes led a worker’s parade to greet the steel magnate.

Leading the march was the might of South Australia’s Labor Party, including then-premier Jay Weatherill and then-treasurer Tom Koutsantonis, along with opposition leader Steven Marshall and federal senators Anne Ruston and Nick Xenophon.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/how-gupta-s-ill-fated-whyalla-ownership-unravelled-20250219-p5ldhg