SIMEC and Liberty House to acquire Rio Tinto's Lochaber hydro and smelter for £330M

GFG Alliance member companies SIMEC and Liberty House agreed to purchase a hydro-power and aluminium smelting operation at Lochaber in the Scottish Highlands from Rio Tinto Aluminium for £330 million. The deal includes hydro plants at Lochaber and Kinlochleven, a Lochaber aluminium smelter, and a 100,000-acre estate.

“This transaction fits very well with our vision to develop a sustainable and competitive metals industry in the UK as a key part of our global industrial business.”power-technology.com

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• power-technology.comSIMEC and Liberty House to acquire iconic Scottish Highlands’ power plant and smelter - Power TechnologyUmesh EllichipuramNov 27, 2016

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