Liberty House to invest $1 billion in Australian steelworks to meet infrastructure boom

MELBOURNE (Reuters) - Liberty House says it will pump A$1.26 billion (£0.77 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.

from Reuters: Top News http://uk.reuters.com/article/uk-arrium-australia/liberty-house-to-invest-1-billion-in-australian-steelworks-to-meet-infrastructure-boom-idUKKCN1BD05T?feedType=RSS&feedName=topNews