Here is non-paywall article with more detail:
https://www.theguardian.com/australia-news/2024/feb/07/victorian-government-pacific-metal-group-investment-scrap-recycler-administration
Not bad in scheme of things, only $10M loss.
Victorian Government would have made 10 times this based on the Flavorite tomato business in the same fund.
Here is non-paywall article with more...
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