British steel magnate Sanjeev Gupta’s GFG Alliance owned the plant, but the troubled firm owes creditors tens of millions of dollars, from the SA government to local subcontractors. Mr ...
The steelworks, which is owned by GFG Alliance, has been in crisis after failing to pay tens of millions of dollars in royalty payments to the government, and millions in unpaid bills to creditors.
The claim landed as the corporate regulator revealed it was probing financial disclosure issues surrounding Whyalla and GFG. Mr Gupta described the South Australian government’s move as an ...
Followed categories will be added to My News. Asked in parliament whether the state government intended to force GFG Alliance into administration, Mr Malinauskas issued a blunt reminder to the ...
Followed categories will be added to My News. While the Whyalla Steelworks and mines owned by GFG Alliance’s OneSteel have been dramatically plunged into administration, the port used to export ...
The action could have significant ramifications for Gupta and his global steel empire GFG Alliance, which has been battling numerous legal claims that were filed by creditors after the collapse of ...
High profile insolvency firm KordaMentha, which ran the steelworks under administration after Arrium failed in 2016 and eventually sold it to Mr Gupta’s GFG Alliance, will be installed as ...
Metals and mining conglomerate, GFG Alliance, has reached an agreement for the settlement of all debts related to the main creditors of Greensill Capital. The terms, which lay out GFG’s settlement of ...
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