The Sanjeev Gupta-led GFG Alliance has been thrown a lifeline, striking a deal with its global creditors, while also deciding ...
Described bluntly by one Labor figure as a “pay up or piss off” strategy, Mr Gupta has faced sustained attacks on his ...
Coal miners are on paid leave at his mine in NSW and workers at his South Australian steelworks are facing an uncertain ...
In a setback for South Australia's renewable energy ambitions, the state government has decided not to purchase a crucial ...
A major Australian steel producer’s international tycoon owner says his company is making “tangible financial headway with ...
Premier Peter Malinauskas has revealed his “grave concern” about Whyalla steelworks’ future and operator GFG Alliance’s ...
British businessman Sanjeev Gupta was forced into the private credit market when he refinanced his personal loans last year, ...
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GFG Alliance to sell interstate coal mine to tackle debts and support Whyalla Steelworks recoveryGFG Alliance, the owner of Whyalla Steelworks, has announced plans to sell an interstate coal mine to help pay off its multi-million dollar debts. The company says the sale will free up funds for ...
Gupta to sell troubled coal mine in bid to save Whyalla steelworks – and state’s green hydrogen plan
Gupta to sell a stake in coking coal mine to relieve debt pressures and free up funds for Whyalla Steelworks – which in turn could confirm path for state hydrogen plan.
A bombshell leaked report reveals Whyalla steelworks owner Sanjeev Gupta’s GFG Alliance owes at least $300m in outstanding debts to creditors – more than double an emergency finance package the firm ...
Whyalla steelworks' owner GFG Alliance owes ... are "concerns around solvency" for the troubled industrial plant. South Australian Treasury Department chief executive Tammie Pribanic appeared ...
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