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Future of Thousands of Steelwork Jobs in the Air Thousands of South Australians are looking to the federal government for assurance as the future of Whyalla Steelworks operations remain uncertain. Whyalla’s owner, Sanjeev Gupta, chairman of GFG Alliance, was taken to court by Credit Suisse on Tuesday over the financial collapse of one of its biggest lenders, Greensill. Following its collapse, Credit Suisse is trying to recover a portion of its billions of finance by breaking up Gupta’s Australian assets. If the creditor is successful, it could end two operations under Gupta and send OneSteel Manufacturing, which runs Whyalla Steelworks, and Tahmoor Coal into liquidation.

South australiaNew south walesRob lucasClare mclaughlinRowan ramseySanjeev guptaCredit suisseSouth australiansWhyalla steelworksOnesteel manufacturingTahmoor coalTimes photoGetty imagesAustralian treasurer rob lucasMayor clare mclaughlinWhyalla news