Whyalla Steelworks: Cost of finding buyer blows out as administrators pocket $53 million fee
The cost of finding a buyer for the troubled Whyalla steelworks has now blown out by hundreds of millions, with administrators earning close to $53 million during the protracted sale process. KordaMentha was appointed voluntary administrator of OneSteel Manufacturing, the owner of Whyalla steelworks in South Australia, in February 2025. Whyalla steelworks collapsed into administration…