Celebration Day for Whyalla and Liberty OneSteel
Posted on Friday, 1 September, 2017
for Grey Rowan Ramsey said the day to pop the champaign corks was
finally here and he was
delighted to be in
Whyalla for the formal
handover of the Arrium keys to Sanjeev Gupta, Executive
Chairman of Liberty House and celebrating along with entire city.
lifts a huge load off the community's collective shoulders and I can't thank Mr
Gupta enough for his interest and confidence in Whyalla’s workers, families and
businesses,” Mr Ramsey said.
Federal Government has worked very constructively with the State Government and
the administrators Korda Mentha in bringing about this deal.
"I could not have asked the Prime
Minister for better support, he has been fully engaged since the day he set
foot in Whyalla to announce the 80,000 tonne rail order for the Tarcoola line.
The Federal Government has already invested more than $130m in ensuring Whyalla
has a future and stand ready to assist Liberty House on future investment.
Gupta has shown tremendous business vision and courage and displayed great
faith in our ability to be world competitive. I thank him for his passion and
“This is final
step in the long process and
I extend my personal thanks to the administrators, Korda Mentha, who committed
to finding a buyer dedicated to continuing Whyalla’ s proud steelmaking
tradition. The attitude of the workers and their comittment ensuring efficiency
has been an essential part of this process and they are rewarded by the
certainty this sale provides as are the families and
businesses of Whyalla.”
Mr Ramsey said Whyalla has one predominant industry and it’s 23,000 people are in one way or another reliant on
the iron/steel industry.
“The past months have been harrowing and tense for Whyalla
residents who have been on a knife-edge worrying about the future of the town.
“I have every confidence the future of steel in Whyalla will be brighter than
ever and Mr Gupta's plans
to invest over $1 billion in the business in the short to medium term will see
the company become an even greater player on the world steel market.”
Media: Leonie Lloyd-Smith 08 8633 1744
September 1 2017.