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Australia pledges $1.5 bn aid for troubled steelworks
short by / on Friday, 21 February, 2025
Australia's Prime Minister and the Premier of South Australia (SA) have announced a 1.5 billion US dollar support package for a major steelworks after its owner was placed into administr ation. Anthony Albanese and Peter Malinauskas on Thursday unveiled a 2.4 billion Australian dollars (1.5 billion US dollars) support package for the steelworks in the SA town of Whyalla.