News
Billionaire industrialist Sanjeev Gupta has launched a $1 billion, one-gigawatt renewable energy plan based in South Australia’s mid-north that he says will lead Australian industry’s transition to more competitive power.
Politics
Nick Xenophon has tried – and failed – to convince another Liberal regional mayor to run under his SA Best banner at the March state election, InDaily can reveal, but he denies the fledgling party is struggling to recruit high profile candidates for key target seats.
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The “sky is the limit” for Arrium’s Whyalla Steelworks with the plant having the long-term potential to expand its capacity 10-fold, British industrialist Sanjeev Gupta says.
The likes of Tony Abbott were willing to see Arrium go under in the name of free market economics, writes Rob Burgess. Instead, the new owners of the Whyalla steelworks are set to save Australian jobs and make the most of clean energy opportunities.
Troubled Whyalla steelmaker Arrium has been sold to London-based consortium GFG Alliance in what Premier Jay Weatherill has described as a “victory for South Australia”. But the taxpayer bill to secure the deal remains under negotiation.
Whyalla’s struggling steel works has been given a $73 million order from the controversial Adani coal mine project in Queensland, but there is political debate about the significance of the deal for the town’s future.
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