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Arrium

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Arrium CEO Andrew Roberts steps out door at collapsed firm

Sydney Morning Herald - ‎11 hours ago‎
Andrew Roberts, the chief executive of collapsed steel maker Arrium, has left the company along with another senior executive, Naomi James.
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Arrium administrators get extension after fending off new threat from GSO

Sydney Morning Herald - ‎May 3, 2016‎
Arrium's creditors - estimated to be a staggering 22,500 claimants including more than 10,000 trade creditors - will next meet at the end of February 2017 after winning an extension from the Federal Court.

Clock ticking for small Arrium creditors

Sydney Morning Herald - ‎May 1, 2016‎
Complex administrations take time, but sadly for small Arrium creditors like Steve Donald, time is a luxury they may not have.

Australian Workers Union to enforce cost-cutting at Arrium steel

World Socialist Web Site - ‎May 4, 2016‎
Appointed with the backing of the Australian Workers Union (AWU), KordaMentha, the administrator for steel-maker and iron ore miner Arrium, is preparing a restructure that will involve mass sackings and attacks on working conditions, both domestically ...

Arrium administrators cut GSO ties; next phase for ASIC Registry sale

The Australian Financial Review - ‎Apr 28, 2016‎
GSO Capital has departed Arrium Limited's long list of creditors in one of the first pieces of stabilising news in the hugely complex administration.
Platinum in the hunt

Atlas, Arrium opposites for best practice in a debt crisis

The Australian - ‎Apr 29, 2016‎
But while Arrium continues to flounder in administration after a bitter falling out between the board and its lenders, Atlas this week finalised a debt restructure that will see all its stakeholders wear some pain, but leave the company with a clear ...
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Arrium 'rife with waste', says worker

The Australian - ‎Apr 27, 2016‎
The man, who was made redundant earlier this year and doesn't want to be named, has written to Arrium and administrators KordaMentha with various cost-saving suggestions but says they haven't been acted on.

Arrium: iron and steel price surge no help

The Australian - ‎Apr 25, 2016‎
In timing that must be galling for Arrium's board and management, Chinese steel and iron ore prices have surged by more than 30 per cent since the company signed a rescue package from Blackstone.

Arrium steel for new upgrade

Whyalla News - ‎May 2, 2016‎
State Transport Minister Stephen Mulligan said he was pleased both levels of government were able to focus on giving benefits to the South Australian economy.
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Arrium steel for Darlington upgrade

Whyalla News - ‎Apr 27, 2016‎
State Transport Minister Stephen Mulligan said he was pleased both levels of government were able to focus on giving benefits to the South Australian economy.

SA govt offers loans for Arrium suppliers

Yahoo7 News - ‎May 1, 2016‎
Arrium's suppliers in Whyalla will be offered interest-free loans to help keep them afloat under a $10 million South Australian government scheme Creditors can apply for loans of up to $750,000 to assist with their cashflow while Arrium is in ...

Arrium given 'heads-up' on subs

Whyalla News - ‎Apr 28, 2016‎
Industry Minister Christopher Pyne has said Arrium will need to diversify its production to secure work on major shipbuilding contracts.

Pyne: Labor carbon plan will destroy Arrium jobs

The Advertiser - ‎Apr 27, 2016‎
... be required to purchase “offsets''. The plan also calls for 50 per cent of the nation's electricity to be sourced from renewables by 2030.

SA needs to answer when opportunity knocks

The Advertiser - ‎5 hours ago‎
It now seems that Whyalla's future will remain cloudy for months, as Arrium's administrator wins an approval for more time to work through the complexities of saving the steelworks.

Peak housing body excluded from Rau's planning team

InDaily - ‎14 hours ago‎
It also said it had signed a non-binding memorandum of understanding with the administrators of troubled steelmaker Arrium to explore possible site, infrastructure and port options for a concentrate treatment plant project at Whyalla.
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"Not one local job" in new defence contract

InDaily - ‎13 hours ago‎
“The Government will make the quantity as high as it possibly can,” she told the Senate estimates committee hearing. “I will be asking the department to aim higher than [70 per cent].

Arrium波及小企业可获南澳政府免息贷款

大纪元 - ‎May 3, 2016‎
据澳广新闻(ABC)报导,Arrium上月宣布负债40亿澳元,进入自愿托管,其位于南澳怀亚拉(Whyalla)的钢厂赔钱运作。 南澳省财长库赞托尼斯(Tom Koutsantonis)介绍,该免息贷款方案旨在帮助那些Arrium的小供应商们,因 ...
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SA treasurer gives Budget five out of 10

The Advertiser - ‎May 3, 2016‎
Mr Koutsantonis also criticised the lack of new schemes to assist Whyalla steel maker Arrium, and said a Budget must keep all election promises in order to score a 10/10 rating.
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Overseas lessons hits home as NAB shares rise on results

Sydney Morning Herald - ‎May 5, 2016‎
NAB had to take an increased charge for bad and doubtful debts compared with the previous six-month period as it brought to account loans to a few large-name clients, including Dick Smith, steelmaker Arrium and law firm Slater & Gordon. There has been ...

Arrium波及小企業可獲南澳政府免息貸款

大紀元 - ‎May 3, 2016‎
據澳廣新聞(ABC)報導,Arrium上月宣布負債40億澳元,進入自願託管,其位於南澳懷亞拉(Whyalla)的鋼廠賠錢運作。 南澳省財長庫贊托尼斯(Tom Koutsantonis)介紹,該免息貸款方案旨在幫助那些Arrium的小供應商們,因Arrium託管期間資產凍結,他們無法得到 ...
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