Update from InfraBuild

The South Australian Government has made an announcement regarding One Steel Manufacturing Pty Ltd (Whyalla Steelworks).  GFG is assessing what this means.

InfraBuild is a separate company from One Steel Manufacturing Pty Ltd (Whyalla Steelworks).

InfraBuild has its own Board and a separate corporate and financing structure. InfraBuild has sufficient liquidity on hand and measures in place that allows us to maintain sufficient liquidity.  

InfraBuild’s electric arc furnaces and rolling mills are operating fully, and continues manufacturing, processing and delivering for its customers.

InfraBuild’s supply chain is resilient, in addition to its own domestic high quality production facilities it has regular supply from mature international suppliers.