Whyalla steelworks owner, OneSteel Manufacturing, is in administration, but the government says its package is designed to support jobs and the local economy.
The South Australian government’s 2025/26 State Budget has allocated $650 million to support Whyalla steelworks, as part of a $2.4 billion package to keep the site operating.
This follows the collapse of its owner, OneSteel Manufacturing, into administration, and the failure of an earlier government-backed plan to save the site by using it to produce “green steel.”
