00:02Well, the community here in Wayala is feeling pretty stunned at the moment.
00:07That's despite the fact that many would have feared that job losses were coming.
00:11But it's the size of those job losses that has caught people by surprise.
00:16More than 600 people to lose their jobs.
00:19And we're still waiting on some clarity on exactly what will happen with 200 embedded contractors
00:25that also work out at the steelworks, the associated mines and ports.
00:32Premier Peter Malinowskis, though, is attempting to be more positive about the future of Wayala,
00:38pointing to the sale process which is ongoing.
00:41What we need is to have the plant recapitalised in.
00:44And that's exactly what, you know, the plan that we've got in conjunction with the Federal Government.
00:49The process of the sale remains on track.
00:51We still have two bidders interested in continuing steelmaking at the facility.
00:56And we're working very hard in conjunction with the South Australian Government to secure this future.
01:02In terms of the buyers for the steelworks, we have Indian giant Jindal Steel and Australian owned M Resources.
01:10And the decision on a final bidder is expected in the next few months.
01:14Unfortunately, though, there are fears about a lag in terms of work here in Wayala
01:19because an electric arc furnace that will return steelmaking here to the town won't be built for another three years.
01:26Yeah, I'm going to address this, there are some何mer in mariners.
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