Creditors of Whyalla steelworks owed $1 billion, ABC understands

Creditors of the Whyalla Steelworks are reportedly owed more than $1 billion, but GFG Alliance claims it and its subsidiaries are the largest creditors, owed $500 million of the more than billion-dollar debt. More from ABC News.

Meanwhile, it’s been revealed that the South Australian government first contacted KordaMentha before Christmas 2024 to discuss putting the Whyalla Steelworks into administration. More from ABC News.