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Sunday 23

September, 2018 6:52 AM



Whyalla steelworks developments

Whyalla steelworks developments

Developments at the Whyalla steelworks and its allied operations in the first year since the takeover by British Industrial Sanjeev Gupta.

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By AAP 31.08.2018 01:00 PM

WHYALLA STEELWORKS DEVELOPMENTS:

* Steelworks' production increased by 50,000 tonnes with exports of slabs to Liberty Newport in Wales

* Mining begun at the Iron Warrior and Iron Empress pits, as well as the restart of mining at the Iron Duchess deposit.

* The Tahmoor Coking Coal Operations purchased to secure the supply of coal to the steelworks and minimise coal price variations

* Majority stake taken in SIMEC ZEN Energy to reduce energy costs through renewable and cogeneration projects

* Investment of more than $50 million for a new main store and weighbridge and to upgrade ageing equipment

* A new mine plan implemented, aimed at securing the long-term future of the mining business

* Significantly reduced pellet production costs to improve overall plant performance

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