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Mining company pays 200,000 for water theft, creek damage

A mining company in NSW will pay almost a quarter of a million dollars after admitting to water theft that left a creek and its riverbank badly damaged. ....

New South Wales , Stonequarry Creek , Lisa Stockley , Tahmoor Coal Pty Ltd , Tharawal Local Aboriginal Land Council , Natural Resources Access Regulator , Tahmoor Coal , Boggabri Coal Mine , Water Management ,

Tata Steel drags Liberty Steel to UK court over payment default


Tata Steel drags Liberty Steel to UK court over payment default
April 22, 2021
Liberty Steel had acquired Tata’s UK plant for £100 m in 2017
Tata Steel UK has dragged the troubled Liberty Steel to the commercial court in the UK for failing to make the full payment for acquisition of its speciality steel product plant in 2017.
Indian-born British steel tycoon Sanjeev Gupta-led GFG Alliance through Liberty Steel had acquired then struggling plant for about £100 million with a staggered payment option.
It is reliably learnt that Liberty Steel has now missed payment to close the deal. Following this, Tata Steel has approached the UK Court to file proceedings against GFG Alliance group companies Liberty Speciality Steels, Liberty House Group PTE and Liberty Speciality Steel UK, said sources. ....

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Whyalla owner races towards refinancing to stave off Credit Suisse liquidation push


Whyalla owner races towards refinancing to stave off Credit Suisse liquidation push
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The owner of the Whyalla steel mill says it is close to sealing a refinancing deal with a new group of lenders that may quell a push by its major creditor Credit Suisse to place the business into liquidation.
Billionaire steel tycoon Sanjeev Gupta’s Australian steel and mining companies said in a statement on Wednesday that it was in advanced talks with new lenders and was hoping to strike a refinancing arrangement that would allow it to pay back its creditors. ....

Credit Suisse , Alliance Australian Mining , Onesteel Manufacturing Pty Ltd , Tahmoor Coal Pty Ltd , Australian Mining , Primary Steel , கடன் ஸ்யூயி , கூட்டணி ஆஸ்திரேலிய சுரங்க , தஹ்மூர் நிலக்கரி ப்டி லிமிடெட் , ஆஸ்திரேலிய சுரங்க , ப்ரைமரீ எஃகு ,