Brisbane Times
·general
·2 hours ago
A coal billionaire and an Indian giant on shortlist to save Whyalla
Australia's Whyalla steelworks sale narrowed to coal billionaire Matt Latimore's M Resources and India's Jindal Steel on Wednesday, after attracting over 70 initial bidders. The facility, in administration for over a year, could receive up to 1.9 billion Australian dollars in government funding under a new owner. A deal is expected by end-September.
Summary by Glance · Brisbane Times
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