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The Whyalla Steelworks circa 2009. The Whyalla Steelworks is a fully integrated steelworks and the only manufacturer of rail in Australia. Iron ore is mined in the Middleback Range to feed the steelworks, resulting in the distribution of finished steel products of over 90 different grades.
Among its principal assets were the Whyalla Steelworks, Whyalla harbour and iron ore mining operations along the Middleback Range, about 50 km (30 mi) west of Whyalla. The company subsequently expanded its businesses in mining, mining consumables, and steel and recycling. In 2012, OneSteel was renamed Arrium. [5]
In December 2017, Gupta entered the US market by acquiring the Georgetown steelworks [28] and expanded the US presence by acquiring Export Metals in March 2018. [29] At the end of 2018, he purchased Keystone Consolidated Industries. [30] During December 2018, Gupta acquired Aluminium Dunkerque, [31] the largest aluminium smelter in Europe.
After the stock's 29% rise just in the past six months, it now trades at a forward price-to-earnings ratio (P/E) of 30. That's the highest valuation multiple in at least the last two years.
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The BHP Whyalla Tramway is a 1067 mm (3 ft 6 in) gauge heavy-haul railway, 112 kilometres (70 miles) long, on the Eyre Peninsula in South Australia. It runs from haematite mines at Iron Monarch , Iron Baron and Iron Duke in the Middleback Range , about 50 kilometres (31 miles) west of Whyalla , to company steelworks at the coastal city of Whyalla .
The Mount Newman railway, owned and operated by BHP, is a private rail network in the Pilbara region of Western Australia built to carry iron ore. It is one of two railway lines BHP operates in the Pilbara, the other being the Goldsworthy railway.
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