British billionaire Sanjeev Gupta has set set a 2030 deadline for making his his global steel interests carbon neutral and is restructuring them into a single consolidated entity under the umbrella of the Liberty Steel Group.
The company will have annual revenues of more than $15 billion and include the Whyalla steelworks and associated mining operations in South Australia which he bought as part of the rescue of the collapsed Arrium operations in 2017.
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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
