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

Summary by Sydney Morning Herald

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

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9News

Whyalla steelworks owes $1.3 billion to creditors

The Whyalla steelworks was bleeding $1.5 million a day before it was placed into administration by the Sout...

23 hours ago·Australia

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ABC Australia

'Relying on luck for safety': Whyalla steelworks losing $1.5m a day before administration

The Whyalla steelworks lost nearly $320 million in the seven months before it was tipped into administration by the South Australian government, with administrators airing concerns about maintenance and safety at the industrial plant.

1 day ago·Australia

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Sydney Morning Herald

‘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.

1 day ago·Sydney, Australia

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Australian Financial Review

Whyalla’s administrators say steelworks was ‘hard-wired’ for losses

The South Australian government expects KordaMentha to run the plant until the middle of 2026 after it seized the mill from British industrialist Sanjeev Gupta.

1 day ago·Sydney, Australia

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Manufacturers' Monthly

Whyalla workforce and economy given competitive edge - Manufacturers' Monthly

Image: Michael Evans/stock.adobe.comThe South Australian Government is establishing the Whyalla Special Economic Zone to support Whyalla’s workforce and economy by driving local industry involvement in government projects. The treasurer will join the premier and senior ministers in Whyalla today to meet with steelworks creditors and community members. Under the Whyalla Special Economic Zone, any State Government procurement valued at $220,000 or…

8 hours ago

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transcontinental.com.au

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portpirierecorder.com.au

Saying hello to Whyalla

WHYALLA - A special episode of Channel 9’s hello SA will be airing on Thursday, March 6, celebrating everything that […] Subscribe or Login to see the rest of the content. Username Password Remember Me Forgot Password The post Saying hello to Whyalla appeared first on The Transcontinental.

12 hours ago

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