Welcome to the family, LIBERTY Bell Bay

In very exciting news, today we officially welcome a new site to the GFG Alliance family!

Moments ago we finalised the purchase of the hydro energy-powered Tasmanian Electro Metallurgical Company (TEMCO) smelter in Bell Bay in northern Tasmania, Australia. And with this news, we welcome another 250 team members to the LIBERTY Steel Group!

The TEMCO facility, which is powered by Hydro Tasmania, has four submerged arc furnaces, including a sinter plant, and has the capacity to produce around 150ktpa of high carbon ferromanganese and 120ktpa of silicomanganese used in the production of steel.

Our Executive Chairman, Sanjeev Gupta, says that bringing in the team and the TEMCO site will enhance LIBERTY’s drive to be self-sufficient in the supply chain, adding that, “investment in key inputs such as ferromanganese and silicomanganese will generate supply chain value to ensure a sustainable and globally competitive steel manufacturing sector.”

For Australia, this acquisition is an upstream integration for Whyalla, and those benefits will be realised by all our steel plants globally.

As part of today’s announcement, we also shared that the site would now be known as LIBERTY Bell Bay. The Bell Bay precinct itself, where the facility is located, as well as the nearby George Town, is a long-standing industrial community with a proud heritage, and we know this facility plays an important role  in the region. We also believe LIBERTY Bell Bay will play a key role in the future of the Australian steel industry.

“GFG Alliance already produces the lowest carbon aluminium in the world in both the UK and France and I’m proud to add one of the world’s greenest Ferro alloy producers to our portfolio,” says Sanjeev. “Our goal is to be carbon neutral by 2030 and I am proud to invest in a state like Tasmania, which has a plentiful supply of renewable energy resources.”

A big welcome to our new colleagues! We can’t wait to hear more about you and the work you’re doing in Tasmania!

You can read the full media release on the GFG Alliance website.