Tag: Australian industry
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Tasmanian Loan Conditions: GFG Alliance Accused of Missing Manganese Smelter Restart Obligation
Background: Liberty Bell Bay and the Tasmanian loan The Tasmanian government approved a $20 million loan to Liberty Bell Bay, the state’s sole manganese alloy smelter, owned by GFG Alliance. The loan was designed to secure a reliable ore supply and help restart production at the Bell Bay facility, safeguarding around 250 local jobs. Liberty…
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Liberty Bell Bay manganese shipment signals footing after woes
Liberty Bell Bay receives first ore shipment after challenging period A shipment of manganese ore has arrived at Liberty Bell Bay, one of Tasmania’s largest industrial employers, marking a return to normal operations after a period of limited activity sparked by ore supply challenges and global price volatility. The delivery comes as the smelter battles…