The Latest Breaking News from GFG

There is "strong early interest" in the Whyalla Steelworks as the sale process begins and millions of dollars flow into the region from a $2.4 billion package.

Meet the Peralta S. It's a new one-off supercar designed by GFG Style, the Italian design firm founded in 2015 by legendary designer Giorgetto Giugiaro and his son, Fabrizio. Likely based on the Maserati MC20 and inspired by the 1972 Boomerang concept, the Peralta S uses a front-hinged canopy for access to…

Safeguarding sovereign steel production is a key factor in a $2.4 billion government package to keep a major steelworks running while a new owner is found.

South Australia has ended months of uncertainty over a critical steelworks by placing the plant into administration.

Proceeds from a coal mine sale will be used to pump cash into the troubled Whyalla steelworks in a major debt deal.

Whyalla's steelworks are "vigorously finalising new financing", as a premier intensifies pressure on its owners to pay tens of millions of dollars of debt.

A global company must pay its creditors and demonstrate its capacity to invest in the Whyalla steelworks, SA Premier Peter Malinauskas has warned.

Peter Malinauskas calls situation ‘tricky’ but says state government will continue to monitor Sanjeev Gupta’s GFG Alliance and act where it can

The global race to upgrade coal operations is proving difficult. At South Australia’s struggling steelworks, taken over by Sanjeev Gupta’s firm, jobs have been lost and promises to invest remain unfulfilled