Whyalla's steelworks ramps up production
South Australia's troubled Whyalla steelworks which was recently bought by a British billionaire has ramped up production in a bid to produce 1.2 million tonnes of steel per year.
The plant which was recently purchased by industrialist Sanjeev Gupta's Liberty OneSteel has exported its first steel slabs to its sister plant in Wales, executive general manager Theuns Victor said on Tuesday.
"These exports will ultimately enable us to increase production, in-turn resulting in greater utilisation of the plant which helps reduce our overall running costs," he said.