Article may be outdated

This article is 82 days old. Some details may have changed since publication.

ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium

Future of Liberty Bell Bay site in doubt following manganese smelter's closure

C
Clancy Balen
Future of Liberty Bell Bay site in doubt following manganese smelter's closure
✦AI Summary

Australia's only manganese alloy smelter, Liberty Bell Bay, has officially closed after failing to secure a buyer to restart operations. The closure raises concerns about Australia's reliance on imported steel-making components and the environmental cleanup required at the site.

Why it matters

The loss of domestic production capacity for critical industrial materials highlights geopolitical supply chain vulnerabilities.

✦Dive DeeperCreate a free account to unlock

Administrators yesterday announced Liberty Bell Bay will close. ( ABC News: Mitchell Woolnough )

Tasmanian government minister Felix Ellis says the shuttered Liberty Bell Bay will require "a substantial clean-up effort".

The state's peak mining and mineral processing body says the closure leaves Australia more exposed to geopolitical risks.

Mr Ellis says he is confident a $20 million loan from the state government to the smelter's former owner to purchase ore is recoverable.

Link copied Share Share article Australia's only manganese alloy smelter has closed, leaving the future of the site uncertain and the country more reliant on imported alloys for steel production.

The beleaguered Liberty Bell Bay smelter, roughly 50 kilometres north of Launceston, produced an alloy from manganese ore called ferromanganese, a critical component of steelmaking with applications across defence, construction and mining.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomyworld
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in