Western Australia-based miner South32 will sell its entire stake in manganese alloy smelter Tasmanian Electro Metallurgical Co (Temco) to UK-based conglomerate GFG Alliance, it said on Thursday August 13.
The miner - which is listed on the stock exchanges in London, Australia and Johannesburg - owns manganese ore and alloy assets in South Africa and Australia through its stake in Samancor Manganese, a joint venture with Anglo American.No price for the deal was announced. South32 said...