Massive expansion planned for Whyalla steelworks.

By Andrew Spence Billionaire industrialist Sanjeev Gupta has announced plans to build the largest steel plant in the developed world in South Australia. Liberty Primary Steel – part of Gupta’s GFG Alliance – today announced major steps towards the transformation of the alliance’s Whyalla steelworks, signing contracts worth more than A$600m. GFG Alliance has also…

BlueScope reports strong sales, billion dollar profits.

Multi-national steel and steel products group, BlueScope Steel (ASX: BSL) today reported robust sales and margins in all market segments. Chairman John Bevan told the company’s annual general meeting that earnings before interest and tax in the current year would be around 10 per cent higher than in the corresponding period last year, when they…

Lithium future beckons for Australia as giant refinery approved.

A fully capable mine to finished product lithium supply chain is closer to a reality with the approval of a giant lithium refinery at Bunbury, south of Perth. The WA government has given Albemarle Corporation environmental approval for a lithium manufacturing plant in the State’s South-West. When in operation, the Albemarle plant will process spodumene…

Government funds fail to save jobs at Port Pirie smelter.

An financial commitment of $290 million by the SA Government has ensured the survival of one of the world’s largest metals smelters at Port Pirie, but failed to stem job losses. The funding, part of a $660 million upgrade of the giant Nystar lead and silver smelter, was not linked to any job retention guarantees,…