GFG Alliance plans over $1B investment to expand Whyalla steelworks

GFG Alliance, led by Sanjeev Gupta, plans to invest over $1 billion in the short-to-medium term to expand the Whyalla steelworks in South Australia, increasing capacity from 1 million tonnes to at least 1.5 million tonnes, with long-term potential for 5-10 million tonnes.

“Even our immediate, short-to-medium term plans see us investing well over $1 billion here.”sbs.com.au

• 1 source
• sbs.com.auGupta plans big SA steel plant expansion | SBS NewsJul 17, 2017

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