Golding Contractors’ parent company NRW Holdings made a statement to the ASX on Tuesday, saying it was owed $113.1m by OneSteel Manufacturing — the GFG Alliance subsidiary which owns the ...

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.

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.

In a statement, GFG Alliance announced intentions to begin an "expedited process" to sell their equity in the Tahmoor Coking Mine in the Southern Highlands, with part of the proceeds "being ...

The claim landed as the corporate regulator revealed it was probing financial disclosure issues surrounding Whyalla and GFG. Mr Gupta described the South Australian government’s move as an ...

British steel magnate Sanjeev Gupta’s GFG Alliance owned the plant, but the troubled firm owes creditors tens of millions of dollars, from the SA government to local subcontractors. Mr ...

The action could have significant ramifications for Gupta and his global steel empire GFG Alliance, which has been battling numerous legal claims that were filed by creditors after the collapse of ...

Followed categories will be added to My News. While the Whyalla Steelworks and mines owned by GFG Alliance’s OneSteel have been dramatically plunged into administration, the port used to export ...

Last year, the steelworks' owner GFG Alliance announced plans to wind down its mining of hematite as it shifted to mining magnetite — a form of iron ore suitable for green steel production.

Followed categories will be added to My News. Asked in parliament whether the state government intended to force GFG Alliance into administration, Mr Malinauskas issued a blunt reminder to the ...