Arrium is in debt by more than $4 billion Source: ABC News: Nick Harmsen
The federal government says it's disappointed by today's announcement by the board of steel and mining group, Arrium, to place the company into voluntary administration. Industry Minister Christopher Pyne says it's a difficult time for the workers and families affected, particularly in the South Australian town of Whyalla. Mr Pyne is accusing the management of Arrium for putting thousands of jobs at risk.
The federal government says it's disappointed by today's announcement by the board of steel and mining group, Arrium, to place the company into voluntary administration. Industry Minister Christopher Pyne says it's a difficult time for the workers and families affected, particularly in the South Australian town of Whyalla. Mr Pyne is accusing the management of Arrium for putting thousands of jobs at risk.
