Tag: Smelter
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Australia’s Tomago Smelter Could Close as Rio Tinto Notes Not Commercially Viable
Overview: Tomago Smelter at a Crossroads Australia’s largest aluminium producer, the Tomago smelter in New South Wales, is facing a pivotal decision as Rio Tinto contemplates ceasing operations when the current electricity supply contract ends. The company has begun a formal consultation process with employees on the potential future of the site, but a final…
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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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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 Smelter Receives First Ore Shipment as Financial Support Keeps Factory Alive
Liberty Bell Bay Smelter: A Step Forward Amid Financial Strain The Liberty Bell Bay manganese smelter in northern Tasmania has received its first ore shipment since announcing a period of limited operations earlier this year. The arrival marks a tangible, if partial, recovery for a facility that has faced a volatile market, supply challenges, and…