24 June 2025
The sale process for the Whyalla Steelworks and associated mining operations has formally opened, after strong early interest from global steelmakers and consortia looking to expand into low-emission steel production.
The independent process, led by administrator KordaMentha and sale advisors 333 Capital, marks a significant step towards securing a long-term, sustainable future for steelmaking in Whyalla, after the state government intervened to put the steelworks into administration in February.
A great deal of work and initial capital has been expended rectifying an extended period of underinvestment by GFG, with KordaMentha ensuring the plant is fully compliant and represents a clear investible proposition for potential purchasers.
