Attributable to a GFG Alliance spokesperson:
"GFG Alliance acknowledges that LIBERTY Bell Bay has been placed into voluntary administration at the request of White Oak Global Advisers.
LIBERTY Bell Bay had faced a challenging 20 months due to the force majeure declared by its main ore supplier, a significant deterioration in market conditions worldwide, and rising costs.
GFG Alliance had been pursuing a sustainable future for Australia's only manganese smelter to protect 216 Tasmanian jobs and support local industry.
GFG Alliance will fully cooperate with the administrators and assist their efforts to achieve the best possible outcome for all stakeholders.
We also acknowledge and thank the LIBERTY Bell Bay workforce for their professionalism and commitment throughout this challenging period."
