Anglo American and South32 complete sale of Tasmanian smelter
2021-01-05 11:11:19 [Print]
Anglo American and South32 have finalized the sale of the Tasmanian Electro Metallurgical Company (TEMCO) smelter to GFG Alliance.
TEMCO is powered by renewable energy through Hydro Tasmania, with GFG Alliance aiming to continue using the facility as part of Australia's steel industry. The purchase of TEMCO marks a milestone for GFG Alliance in becoming self-sufficient in its supply chain, with TEMCO joining GFG subsidiary Liberty Steel Group.
TEMCO has four submerged arc furnaces with a capacity to produce 150,000 tonnes per annum of high carbon ferromanganese and 120,000 tonnes per annum of silicomaganese.
TEMCO is powered by renewable energy through Hydro Tasmania, with GFG Alliance aiming to continue using the facility as part of Australia's steel industry. The purchase of TEMCO marks a milestone for GFG Alliance in becoming self-sufficient in its supply chain, with TEMCO joining GFG subsidiary Liberty Steel Group.
TEMCO has four submerged arc furnaces with a capacity to produce 150,000 tonnes per annum of high carbon ferromanganese and 120,000 tonnes per annum of silicomaganese.