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GFG Alliance was Greensill’s biggest client and it was reported at the time of the collapse that it had an exposure totalling $5bn. [13] In April 2024, Grant Thornton, the administrators for Greensill, published a report where they revealed that they were still owed round $587.2m (£472m) from the GFG Alliance.
The mining assets of the former company included iron ore (magnetite and haematite) mines in the Middleback Range [7] [8] and a dolomite mine (to supply blast furnace flux) at Ardrossan, South Australia. [9] In 2017, GFG Alliance purchased Arrium's Whyalla Steelworks in South Australia, announcing that a new AUD600 million investment would lift ...
As of 2020, South Australia has 3 grid-connected energy storage devices, with a total capacity of 205 MW / 253.5 MWh. Table Project name Sponsoring company Coordinates Capacity (MW) Storage (MWh) Technology Status Notes Dalrymple ESCRI Battery AGL Energy 34°56′10″S 137°44′38″E / 34.936°S 137.744°E / -34.936; 137.744 30 8 Lithium Ion Battery Operating Hornsdale Power ...
Citibank N.A. has lodged an application with Australia's Supreme Court of New South Wales to wind up two businesses run by Indian-British steel magnate Sanjeev Gupta as part of insolvency measures.
An Australian state planner has approved the expansion of a metallurgical coal mine in New South Wales run by a unit of cash-strapped industrialist Sanjeev Gupta's GFG Alliance. Planning body IPC ...
In September 2017, British-owned GFG Alliance acquired the Arrium Mining and Arrium Steel businesses, including Australia's main steel manufacturer and distributor, OneSteel. [15] [16] The OneSteel brand was changed to Liberty OneSteel and Arrium Mining was renamed SIMEC Mining. [15]
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Sanjeev Gupta (born September 1971) is an Indian-born British businessman, and the founder of Liberty House Group. [1] He is the CEO and chairman of GFG Alliance, an international conglomerate that operates primarily in the steel and mining industries. [2]