May 24, 2026 – 11.44amBillionaire businessman Matt Latimore, who built M Resources into a powerhouse with annual revenues of more than $1.5 billion by selling coal to steel makers, says the Whyalla steelworks and associated iron ore deposits should be Australian-owned, as he makes his pitch to acquire the operation.Latimore took M Resources’ private jet to Whyalla in South Australia early last week for meetings with the administrators KordaMentha and other local stakeholders as the sale process heads towards its final stages.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles