LIBERTY Steel Group's Restructuring & Transformation Committee has reported that since the October 2021 announcement of a debt restructuring for LIBERTY Primary Metals Australia, the integrated operations have continued to demonstrate strong performance, despite a surge in energy prices. This included a threefold increase of coal washed production and an 82% increase in sales at Tahmoor; a 12% increase in iron ore sales to 2079kt; a 17% increase in steel production at Whyalla and an 18% rise in alloy sales at LIBERTY Bell Bay.Australian Government has awarded AUD 292million rail contract to the Whyalla Steelworks to supply 147,000 tonnes of rail to complete the Inland Rail project. InfraBuild has recorded continued improvement across all financial metrics in its HI of FY22 results and its best half year safety performance on record. Compared to HI of FY21, InfraBuild's net revenue is up 41% to AUD 2.94 billion, with EBITDA up 109% to AUD 314 million.
LIBERTY Steel Group's Restructuring & Transformation Committee has reported that since the October 2021 announcement of a debt restructuring for LIBERTY Primary Metals Australia, the integrated operations have continued to demonstrate strong performance, despite a surge in energy prices. This included a threefold increase of coal washed production and an 82% increase in sales at Tahmoor; a 12% increase in iron ore sales to 2079kt; a 17% increase in steel production at Whyalla and an 18% rise in alloy sales at LIBERTY Bell Bay.Australian Government has awarded AUD 292million rail contract to the Whyalla Steelworks to supply 147,000 tonnes of rail to complete the Inland Rail project. InfraBuild has recorded continued improvement across all financial metrics in its HI of FY22 results and its best half year safety performance on record. Compared to HI of FY21, InfraBuild's net revenue is up 41% to AUD 2.94 billion, with EBITDA up 109% to AUD 314 million.
