Tag: GFG Alliance
Gupta announces massive investment in Liberty’s Whyalla operations
Liberty Primary Steel, a wholly owned subsidiary of Sanjeev Gupta's GFG Alliance, has unveiled plans to transform its Whyalla Steelworks operations.
The company signed two separate contracts...
SIMEC Zen Energy launches US$1bn renewable energy program in SA
Sanjeev Gupta's SIMEC Zen Energy is set to begin construction of the Cutlana solar energy project as part of a broader US$1 billion renewable energy...
NEOEN, GFG Alliance ink green power agreement to reduce energy costs to industry in...
NEOEN and GFG Alliance have signed a landmark agreement designed to dramatically reduce energy costs to industry in Australia.
The two renewable energy producers have...
SA’s disused Iron Duchess could be transformed into 90MW pumped hydro energy storage plant
ARENA has thrown its support behind a feasibility study that will examine the potential to turn a mothballed mine site in the South Middleback...
Liberty House makes $500m offer for Rio Tinto’s Aluminium Dunkerque smelter
Liberty House Group, an industrial and metals company founded by UK tycoon Sanjeev Gupta, has made a binding conditional offer of $500 million to acquire...
GFG Alliance set to acquire Glencore’s Tahmoor mine in NSW
GFG Alliance’s SIMEC Mining division had reached an agreement to purchase Glencore’s high-quality Tahmoor metallurgical coking coal mine in NSW.
Located some 75km south west...
GFG Alliance announces $1bn Whyalla investment
UK tycoon Sanjeev Gupta has announced a $1 billion investment for the Whyalla steelworks to lift production by 50% to 1.5 million tonnes.
Mr Gupta,...
Magnetite mine expansion to generate 1,300 new jobs in SA
The South Australian Government has approved an $800 million expansion of CU River’s Cairn Hill magnetite mine near Cobber Pedy, approximately 850km north-west of...
Arrium sale saves 1,000 jobs in QLD
QLD State Development Minister Anthony Lynham congratulated GFG Alliance on the takeover of the former Arrium group operations, saying the move has brought job...
GFG Alliance wraps up acquisition of Arrium
Global metals, industrials and energy group, the GFG Alliance, has completed the acquisition of Arrium - Australia’s leading integrated mining, recycling, steel manufacturing and...