south australia negotiating bailout for arrium to prevent whyalla steelworks closure /

Published at 2016-02-17 06:02:47

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Troubled miner says it needs to find $60m in cost savings to demolish even at Whyalla or the operations will be placed into maintenanceSouth Australia’s government is negotiating a bailout for troubled miner Arrium to prevent further job losses at its Whyalla steelworks.
The South Australia-based company says it needs to find $60m in cost savings to demolish even at Whyalla or the operations will be placed into maintenance.
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Source: theguardian.com

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