Anglo American and South32 sell TEMCO to GFG Alliance

(Kitco News) – Anglo American (AAL:LSE) and South32 (S32:LSE) have announced the sale of the Tasmanian Electro Metallurgical Company (TEMCO) smelter to GFG Alliance. TEMCO is powered by renewable energy through Hydro Tasmania, with GFG aiming to continue using the facility as part of Australia’s steel industry.

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