International energy and industrials group, the GFG Alliance, has unveiled plans to make a further investment of nearly £60m over the next two years to boost hydro-power capacity in Scotland, as it ramps up its programme for green-energy based manufacturing growth.
Sanjeev Gupta’s GFG Alliance announced today that its SIMEC Mining division had signed a binding agreement to acquire Glencore’s high-quality Tahmoor metallurgical coking coal mine in New South Wales.
International industrialist Sanjeev Gupta has hailed a breakthrough agreement to supply power to the South Australia Government as a major first step towards a prosperous new era for industry nationwide, based on clean, lower-cost, energy.
SIMEC Energy, part of Sanjeev Gupta’s GFG Alliance, has today (14th December) reached a ground-breaking agreement with global tidal power developers, Atlantis Resources Ltd, which will create a new force in the global renewable energy market.
SIMEC Mining is continuing its investment in the future of its operations by undertaking a planned major shutdown of its Pelletising plant.