NRW Warns SA Legislation Threatens $113M Security Over Whyalla Ports

• NRW’s subsidiary Golding holds first-ranking security over Whyalla Ports assets securing $113.3M owed by OneSteel
• Proposed SA legislation aims to nullify the lease granting Whyalla Ports rights, potentially transferring infrastructure ownership to OneSteel
• Federal Court trial scheduled for June 2 to resolve lease validity and security enforcement issues
• NRW plans to impair $113.3M receivable in June 2025 financial results if legislation passes