ABC Feeds on Nostr: He's down a billion dollars, but the owner of Whyalla steelworks isn’t giving up on ...
He's down a billion dollars, but the owner of Whyalla steelworks isn’t giving up on the pursuit of profitability
By Harvey Biggs
As Sangeev Gupta’s global empire lurches from one crisis to the next, the metals tycoon has told ABC News he’s committed to returning Whyalla’s steelworks to profitability, again promising a $1 billion transition to making green steel at the plant.
https://www.abc.net.au/news/2024-10-26/whyalla-steelworks-owner-not-giving-up/104506090
#Steel #MiningandMetalsIndustry #Economy #RegionalCommunities #HarveyBiggs
By Harvey Biggs
As Sangeev Gupta’s global empire lurches from one crisis to the next, the metals tycoon has told ABC News he’s committed to returning Whyalla’s steelworks to profitability, again promising a $1 billion transition to making green steel at the plant.
https://www.abc.net.au/news/2024-10-26/whyalla-steelworks-owner-not-giving-up/104506090
#Steel #MiningandMetalsIndustry #Economy #RegionalCommunities #HarveyBiggs