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Latimore’s Bid to Save Whyalla Steelworks | Adelaide News
Description
Whyalla Steelworks, Australia’s last long steel producer, sits idle for five months as a frantic bid war heats up. Billionaire Matt Latimore, coal titan and Ferrari enthusiast, leads the charge with backing from Indonesia’s richest family and tech wizardry from Hazer Group — promising low-emission steel, Aussie jobs, and defense-grade products. He faces stiff competition from Jindal and BlueScope, who hold first refusal. With September’s deadline looming, Latimore’s pitch hinges on his local roots, global expertise, and vision to bring this vital asset back under Australian ownership.
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