News: ARI Korean consortium led by Newlake preferred bidder for Arrium - source, page-18

Arrium shareholders funding Governments substantial problems with power supply, great outcome.

The $1b is just a big figure so that people go WOW and the Government and FIRB attempt to justify the destruction of sharholder's and worker's investments.

One of the greatest deceptions on Australian population if the Federal Government give this the nod, even more so after the Libs allowed China to illegally dump steel into Asutralia until it was too late. They can't claim they weren't warned.

https://www.theguardian.com/business/2015/nov/12/cameron-g20-urged-get-tough-chinese-steel-dumping