A new chapter for SA’s steel city
Friday, 1 September 2017
A ceremony was held today to mark the official handing over of the Whyalla steelworks and mine to new owner GFG Alliance.
The event brings to an end 16 months of uncertainty for workers, their families, supply chain businesses and the broader Whyalla community.
Executive Chairman of GFG Alliance Sanjeev Gupta said the company will make major capital investments in its Whyalla operations.
The State Government has also committed $50 million to be invested in Whyalla’s steel-making capacity to help ensure the long-term security of thousands of local steelmaking and mining jobs, and is in discussions with GFG about the nature of that investment.