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.
Just over an hour’s drive south-west from GFG Alliance’s Sydney headquarters on level 34 of the AMP Building, overlooking the glittering harbour, lies a very different part of Sanjeev Gupta ...
Meanwhile GFG Alliance executive chairman Sanjeev Gupta, who was welcomed as the town’s saviour in 2017 when he first bought the steelworks, but who is now held in low regard due to a history of ...
Sanjeev Gupta’s GFG Alliance will sell all or part of the Tahmoor coal mine for about $800m with the money to flow to creditors of the Whyalla steelworks, and is about to settle its global debts.