Tag: Ore Supply
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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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Tasmania Warns GFG Alliance: Loan Conditions Not Met as Manganese Smelter Faces Restart Delays
Background: A $20 Million Lifeline for Liberty Bell Bay The Tasmanian government extended a $20 million loan to Liberty Bell Bay, Australia’s only manganese alloy smelter, to secure its ongoing supply of ore and safeguard jobs in the north of the state. The loan, recommended by the Tasmanian Development Board, was designed to support a…
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GFG Alliance Faces Tasmanian Loan Conditions on Manganese Smelter
Overview: A high-stakes restart hangs on conditions The Tasmanian government has formally warned GFG Alliance that it has not met the conditions attached to a $20 million loan intended to guarantee a steady ore supply for Liberty Bell Bay, the state’s only manganese alloy smelter. Located in the north of Tasmania, the facility has been…
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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…
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Liberty Bell Bay Smelter Secures First Ore Shipment Amid Cash-Flow Struggles in Tasmania
Liberty Bell Bay Smelter Receives First Ore Shipment After Financial Turbulence The Liberty Bell Bay manganese alloy smelter in Tasmania has taken a significant step back toward operation, unloading its first ore shipment since flagging financial woes that triggered a period of limited production earlier this year. The arrival marks a pivotal moment for a…