Whyalla administrators say plant could close if Gupta keeps key port

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KordaMentha has taken the British industrialist to court, claiming he refuses to hand it control of town’s port, jeopardising plans to find a new owner.

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login British industrialist Sanjeev Gupta is refusing to hand over control of the port at Whyalla’s steelworks, forcing the plant’s administrators to warn the dispute could derail the sale of the struggling plant. KordaMentha were appointed to run the operations – which Gupta had run since he acquired the collapsed ASX-listed Arrium steel business in 2017 – two months ago, after the South Australian government seized control of the plant amid growing concerns it was not financially viable.

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