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Gupta's GFG Alliance to buy Bell Bay smelter

British businessman Sanjeev Gupta’s GFG Alliance has entered into a binding agreement to buy the Bell Bay smelter in northern Tasmania, as the businessman expands his ownership of key assets in Australia, including the Whyalla steelworks in South Australia.

Gupta's GFG Alliance to buy Bell Bay smelter Gupta's GFG Alliance to buy Bell Bay smelter Gupta's GFG Alliance to buy Bell Bay smelter Gupta's GFG Alliance to buy Bell Bay smelter Gupta's GFG Alliance to buy Bell Bay smelter

TEMCO has operated since 1962

Bell Bay is ultimately owned by ASX-listed South32 and global mining major Anglo American through the pair's Groote Eylandt Mining Company.