The deadline passed on Friday for the indicative bidding stage of the sale of Whyalla steelworks, which was put into administration earlier this year. KordaMentha put out a statement last Thursday saying that the duration was uncertain “and will be highly dependent on the nature of the indicative interest received and the extent of engagement…
The federal and South Australian governments have announced an additional $275 million in funding to support operations, workers and suppliers at the Whyalla Steelworks as the sales process continues. KordaMentha were appointed as administrators in February, with the state and federal governments announcing support totalling $2.4 billion for the site soon after. This was described…
The sale process for the Whyalla Steelworks in South Australia and associated mining operations — previously held by GFG Alliance — has formally opened, with “strong early interest from global steelmakers and consortia” according to the federal and South Australian governments. The steelworks were forced into administration by the SA government in February, with KordaMentha…