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Sanjeev Gupta steps up cost-cutting at iron ore mines

Simon Evans
Simon EvansSenior reporter

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Embattled British industrialist Sanjeev Gupta has stepped up cost-cutting at his iron ore mining operations near the loss-making Whyalla steelworks.

Mr Gupta’s GFG Alliance and its SIMEC Mining division have signalled to investors that it will bring mining work in-house at one of the mines, about 50km south-west of Whyalla.

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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

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    Original URL: https://www.afr.com/companies/manufacturing/sanjeev-gupta-steps-up-cost-cutting-at-iron-ore-mines-20241023-p5kkj8