NewsBite

Sanjeev Gupta

Advertisement
The Whyalla steelworks in South Australia is in adminstration for the second time in less than a decade.

‘Hard-wired to make losses’: Whyalla steelworks bleeding $1.5m a day

The steelworks in South Australia owes creditors $1.34 billion, with worker entitlements clocking in at $189.7 million.

  • Simon Johanson

Latest

Prime Minister Anthony Albanese speaking to workers at the Whyalla steelworks in South Australia on Thursday.

Why Albanese and Dutton are tripling down on a struggling steel mill

Canberra’s pledge to shield blue-collar workers from a wipeout of the Whyalla steelworks has immediate political upside, but is it throwing good money after bad?

  • Mike Foley
Prime Minister Anthony Albanese has announced a $2.4 billion support package for the Whyalla steel mill.

Albanese seizes ‘extraordinary opportunity’ in Whyalla steel $2.4b bailout

The faltering mill was plunged into administration on Wednesday and state and federal governments have pledged billions of taxpayer dollars if a new buyer can be found.

  • Mike Foley
Prime Minister Albanese meets steel workers at Whyalla.

Pre-election bailout: Does Whyalla deserve to be rescued?

First Rex, now Whyalla. It’s a bad look for the government to be bailing out businesses that have been poorly managed, even if the help is not going to shareholders or even creditors.

  • Elizabeth Knight
The Whyalla steelworks in South Australia is in adminstration for the second time in less than a decade.

What went wrong in Whyalla? And why is the government getting involved?

Governments have promised a $2.4 billion taxpayer bailout, if a new buyer can be found for the beleaguered mill.

  • Mike Foley
The Whyalla steelworks is part of the GFG Alliance.

Labor’s $500m plan to rescue Whyalla from wipeout

The Albanese government will invest multi-millions to help keep the plant afloat after it was seized from the control of British billionaire Sanjeev Gupta.

  • Mike Foley and James Massola
Advertisement
Lincoln Minerals is hoping to leverage its Green Iron project off South Australian Government plans to convert the Whyalla Steelworks into a low-carbon electrified plant.

Lincoln opens up dance partner card for SA steel plan

Lincoln Minerals is lining up key partnerships for its Green Iron project, which has a 1.2 billion-tonne magnetite deposit, on South Australia’s Eyre Peninsula.

  • James Pearson
Whyalla composite

A Whyalla wipeout is finally going to occur, a decade on

Climate action is finally coming to Whyalla, the South Australian industrial town Tony Abbott said would be wiped off the map.

  • Mike Foley and Simon Johanson
GFG Alliance’s Sanjeev Gupta and workers at Whyalla can breathe a little easier after reaching a standstill agreement with creditor Credit Suisse.

Gupta in talks with Credit Suisse to shore up Whyalla future

The steel tycoon and the Swiss bank say they are confident of reaching an agreement that would see the bank repaid in full for its Greensill debt.

  • Sarah Danckert
Lex Greensill will break his silence in front of a British parliamentary committee this week.

Lex Greensill to face grilling by UK parliamentary inquiry

Greensill Capital founder Lex Greensill will be publicly grilled by British politicians this week.

  • Dominic Powell

Original URL: https://www.brisbanetimes.com.au/topic/sanjeev-kumar-gupta-1n6a