The Whyalla Steelworks, which is currently up for sale, is looking for approximately 60 skilled workers in “fitting, machinist, mechanical, instrumentation, electrical and fabricating trades” for an immediate start. According to a joint statement from federal industry minister Tim Ayres and South Australian premier Peter Malinauskas on Wednesday, the site has taken on “more than…
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…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) DroneShield announces record-breaking order worth $61.6 million Counter-drone business DroneShield has announced three standalone follow-on contracts, worth a total of $61.6, representing “the biggest single order” in its history and topping its entire revenue of $57.5 million for 2024. According to…
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…
The Whyalla steelworks’ blast furnace will shut down for 36 hours starting Wednesday to allow for “urgent” maintenance work, as administrators warn the plant faces “severe challenges” and is in a “state of disrepair.” Energy and Mining Minister Tom Koutsantonis told ABC Radio Adelaide on Tuesday that the shutdown will enable repairs to the refractory…
The Whyalla steelworks was losing $1.5 million per day before being forced into administration, burning through nearly $320 million in seven months, administrators KordaMentha revealed at a creditors meeting on Monday. The administrators outlined total debts exceeding $1.34 billion, including $189 million in outstanding employee entitlements and $40.2 million owed to the South Australian government…
InfraBuild CEO Francisco Irazusta reassured stakeholders that operations remain unaffected by the administration of OneSteel Manufacturing, owner of the Whyalla Steelworks, in a statement released on Monday. Irazusta emphasised that InfraBuild operates as an independent business from OneSteel Manufacturing, with its own board, governance, and financing, separate from the wider GFG Alliance. “We’re in a…
The South Australian Government’s Steel Task Force has been meeting secretly with KordaMentha since before Christmas, as a strategy to push the Whyalla steelworks into administration was formulated, according to documents released on Monday. KordaMentha was appointed as administrator of steelworks owner OneSteel Manufacturing – a GFG Alliance subsidiary – on Wednesday last week after…
By Geoffrey Brooks, Swinburne University of Technology Whyalla is a proud steel town. The steelworks physically dominates the townscape, and most jobs in the town are either directly at the steelworks or heavily reliant on it. In recent months, however, the steelworks have lurched from one setback to another, from serious technical problems that forced…
The federal government has announced a $1 billion Green Iron Fund, aimed at encouraging investment in green iron and steel production at new and existing sites, with half of this money to aid in the transition of the collapsed Whyalla steelworks in South Australia. In a statement on Thursday – coinciding with a broader package…