00:00Australia's largest steel manufacturer, offering a hand of support for Wyalla.
00:07We're a steelmaker, I understand the challenges of being a steelmaker and we stand ready to
00:13help if and when we're needed.
00:15The Premier on the weekend met on the sidelines of Live Golf with Blue Scope Steel's CEO Mark
00:20Vasella.
00:21Current Steelworks owner GFG owes tens of millions of dollars to private businesses
00:26and to the state government in the form of royalties.
00:29Any interest of Blue Scope in the Wyalla asset would have to be assessed at the time.
00:34I mean it's currently owned by someone else so it's hard to speculate on what the outcome
00:39for Wyalla might be.
00:41When asked about the possibility of a government or Blue Scope takeover of the Wyalla Steelworks,
00:46Mr Malinowski has indicated he'd prefer it to stay a private business.
00:50Governments can't have a hands off attitude but we have to be doing it in collaboration,
00:54having a hands on attitude in collaboration with the private sector.
00:58The opposition is calling for the government to give some relief to local creditors.
01:02What I would be more happy with is if the Premier came up with a way to get this $50
01:07million that is sitting there and parked and getting some of that into the pockets of contractors
01:12and small business operators.
01:14Mr Malinowski says that money is set aside for an investment in the transformation of
01:18the steelworks to create green steel and that creditors are owed money by Steelworks owner
01:23Sanjeev Gupta, not taxpayers.
01:25The opposition is also moving to introduce an upper house select committee to probe the
01:30government's proposed $600 million hydrogen project, which has been thrown into doubt
01:34amid the crisis at the Wyalla Steelworks.
01:37The proposal would need crossbench support.
Comments