Australia's steel industry is at a crossroads, with Whyalla's Liberty steelworks on the front line as its billionaire owner's pledge to be carbon neutral by 2030 sets it on an ambitious and risky path. "They're trying to save money so they've got money to build the electric arc furnace," Mr Wallace told 7.30. South Australia's Whyalla steelworks is owned by …
Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The business empire of Liberty Steel owner Sanjeev Gupta is …
The UK’s Serious Fraud Office said on Friday that it is investigating suspected fraudulent trading and money laundering related to companies within the Gupta Family Group Alliance, led by British-Indian businessman Sanjeev Gupta. GFG Alliance includes the embattled Liberty Steel business that continues to find alternative financing after its main backer, Greensill Capital, collapsed in March. The SFO is investigating …
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