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The GFG Alliance said on Sunday it had agreed a debt restructuring deal with Credit Suisse for its Australian steel and coal mining assets, and announced plans to inject 50 million pounds ($68 million) into the restart of its Rotherham electric furnace in the United Kingdom.
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The contract will help drive continuous improvement, resulting in significant efficiencies while providing greater opportunities to optimise each company’s assets and workforce across multiple work-fronts, Bis said...
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The embattled conglomerate has been thrown a lifeline by White Oak Global Advisors to pay out debts owed to Greensill Capital on the Whyalla steelworks and Tahmoor Coal.
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Liberty Steel Group is part of diversified GFG Alliance, which has a presence in India. Last year in February, GFG Alliance made a foray into the domestic steel industry with the acquisition of Adhunik Metaliks Ltd and its arm Zion Steel for about Rs 425 crore.
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A Scottish built tidal energy turbine has been successfully deployed in Japanese waters.The AR500 kit was designed, manufactured and assembled by Simec Atlantis Energy.The equipment is generating...
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GFG Alliance's steel business, Liberty Primary Steel, has continued to reap the benefits of its re-energised apprenticeship program, welcoming 21 new apprentices to the business at the Middleback Arts Centre on Friday.
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LIBERTY Steel Group, part of Sanjeev Gupta’s sustainable industry leader GFG Alliance, announces that it has restarted the Huta Częstochowa electric arc furnace (EAF) in another significant step in…...
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250 jobs have been secured during the sale...
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LIBERTY Steel, part of sustainable industry leader GFG Alliance, has committed to a programme of new investments at its South Yorkshire GREENSTEEL production hub at Rotherham to supply the transport, defence, and construction sectors as part of the UK government’s Build Back Better plan.
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LIBERTY France, the French subsidiary of LIBERTY Steel Group, part of Sanjeev Gupta’s sustainable industry leader GFG Alliance, and SNCF Réseau announced the safe and rapid approval for the deploym…...
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LIBERTY Powder Metals, part of sustainable industry leader GFG Alliance, has started commercial production at its new Teesside facility, targeting…...
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LIBERTY Steel UK, part of sustainable industry leader GFG Alliance, is set to ship its first orders of sustainably-produced steel reinforcing bar (rebar) after securing full Cares and sustainability approval this week.
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Adhunik and Zion Steel were taken to the insolvency courts and had an admitted debt of around Rs 5,000 crore, according to court filings in 2017. Billionaire Sanjeev Gupta-led GFG Alliance through the steel business Liberty Steel in February announced the acquisition of Adhunik Metaliks and its...
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All the winners and highly commended entries from the 10th annual BusinessGreen Leaders Awards...
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A former First Minister of Wales is among the members of a new global advisory board established by GFG Alliance, the industrial group led by Sanjeev Gupta.
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Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday announced the completion of the sale of its operations in Duffel, Belgium to GFG Alliance’s international aluminium subsidiary Alvance in compliance with conditions placed on it by the EU and China for purchase of Aleris.
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Companies form joint venture to develop solar and wind plants for energy intensive industries...
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Liberty Steel and Shiftec are partnering to deploy sensor technology to enhance safety and improve efficiency at industrial sites.
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LIBERTY Steel Group and Shiftec, two members of the sustainable industry leader GFG Alliance, are partnering to deploy sensor technology with the potential to enhance safety and improve efficiency at industrial sites.
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A process for making steel without emitting greenhouses gases could not only help Australia tackle climate change but revitalise our industrial heartland.
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LIBERTY Steel Group, part of Sanjeev Gupta’s sustainable industry leader GFG Alliance, has succeeded in its bid to acquire the strategic French steel assets of France Rail Industry business and the…...
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Sanjeev Gupta buys Tasmanian hydro-powered smelter to help aim of producing carbon-neutral steel | Australia news | The Guardian...
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GFG Alliance celebrated the restart of LIBERTY Magona’s Pickling Line and the completion of the restart work for the plant’s Organic Coated Line No1 in Italy.The EUR 10 million investments have le…...
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Andy Silvester is joined by Jay Hambro, Chief Investment Officer at GFG Alliance.
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