Tag: Arrium
Liberty House makes $500m offer for Rio Tinto’s Aluminium Dunkerque smelter
Liberty House Group, an industrial and metals company founded by UK tycoon Sanjeev Gupta, has made a binding conditional offer of $500 million to acquire...
Arrium sale saves 1,000 jobs in QLD
QLD State Development Minister Anthony Lynham congratulated GFG Alliance on the takeover of the former Arrium group operations, saying the move has brought job...
GFG Alliance wraps up acquisition of Arrium
Global metals, industrials and energy group, the GFG Alliance, has completed the acquisition of Arrium - Australia’s leading integrated mining, recycling, steel manufacturing and...
GFG Alliance wins Arrium bidding war
Arrium administrators KordaMentha have agreed the sale of the whole Arrium business, including the steelworks and mine in Whyalla, to London based GFG Alliance...
South Korean consortium selected as preferred Arrium bidder
KordaMentha, the Deed Administrators for Arrium, announced that it had chosen a Korean consortium as the preferred bidder for the Arrium group of companies.
The...
Sale call injects greater certainty for local steel chain
The peak body representing the complete national steel supply chain, the Australian Steel Institute (ASI) has today welcomed KordaMentha’s naming yesterday of the preferred...
Two bids received for struggling steelmaker Arrium
Arrium administrator KordaMentha announced that it has received two bids for the whole Arrium business, including the steelworks and mine in Whyalla.
KordaMentha said the...
Arrium’s Moly-Cop sold for 1.6bn
Arrium’s administrators have reached an agreement to sell the company’s Moly-Cop grinding media business to US private equity firm American Industrial Partners for a...
Arrium executes first steel shipment for ARCT’s re-railing project Â
Arrium has commenced the delivery of steel rail for the major upgrade of South Australia’s rail network as part of its contract with the...
SA Government pledges $50m support for next Whyalla steelworks owner
The South Australian Government has committed $50 million to support a new owner of the Whyalla steelworks.
According to the press release by Premier Jay...
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
