Tahmoor and Whyalla cash flow positive: GFG

GFG Alliance has sought to reassure customers and employees that its Tahmoor colliery in New South Wales and its Whyalla steel works in South Australia are adequately funded, despite the company’s financier Greensill going into administration.

Tahmoor and Whyalla cash flow positive: GFG Tahmoor and Whyalla cash flow positive: GFG Tahmoor and Whyalla cash flow positive: GFG Tahmoor and Whyalla cash flow positive: GFG Tahmoor and Whyalla cash flow positive: GFG

GFG's primary steel and mining operations in Europe and Australia are booking record profits.

A GFG Alliance spokesman said most of the company's businesses across its global portfolio were performing well and generating positive cash flow, supported by the operational improvements it had made