Australia: Liberty House to invest $1b in steel-making to meet infrastructure boom

Australia: Liberty House to invest $1b in steel-making to meet infrastructure boom

Liberty House is a UK-based global metals and engineering firm controlled by billionaire Sanjeev Gupta.

Liberty House says it will pump A$1.26 billion ($1 billion) into steel-making capacity in Australia to meet the demands of a decade-long infrastructure boom in the country, months after acquiring a steelworks which was in voluntary administration and billions of dollars in debt.

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