There are "at least 33" potential buyers of the Whyalla steelworks, a majority of which are based overseas, the SA premier says. Steelworks administrators KordaMentha previously said there were 12 interested parties, but the SA government has revised that number.
00:00The 30 million dollar Wyala Airport upgrades drawing fanfare.
00:07The upgrades include strengthening the airport's runway to allow for larger planes.
00:13State, federal, local government. That is how we work in Wyala.
00:18It's also all smiles at the steelworks as it officially goes on sale, with a number of prospective buyers, domestic and international, already making moves.
00:28There are so far been at least 33 interested parties in acquiring the steelworks, and a majority of those, in fact over 60% of those, come from overseas, including very significant global steelmakers.
00:43The government and administrators want a new buyer as soon as possible, but they're adamant on taking the time to find the right one.
00:51We will hasten carefully through this process to deliver the right outcome for South Australia and for the national steel industry.
00:59After taking the extraordinary move to push the steelworks into administration in February, the government's covering up memories of the past owner, GFG Alliance, with duct tape on hard hats.
01:10Have you spoken to Sanjay Gupta 6, the steelworks was clenching foot in the stroke?
01:14No, I have not.
01:15Don't know if I'm on the Christmas card list.
01:18But the community is still looking ahead to a future of Australian made steel.
01:22Wyala steel, we need it. It's Wyala and I'd love to see it stay in Australia.
01:27So, yeah, please, someone buy our steelworks and keep the work going.
01:32Right now, there is no exact timeline on when the government will find a buyer, which means a brighter future may be on the way, but when that will come is unclear.
