Less than a week into Australia’s most complex corporate restructure, the administrator of failed iron and steel firm Arrium has said the company’s future hangs on the fate of its Whyalla steelworks.
The insolvency firm KordaMentha said, while many of Arrium’s businesses are in “good shape”, most are in some way exposed to the survival of Whyalla operation.
However, Arrium administrator Mark Mentha is cautiously o…
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