Ferroglobe acquires strategic high-purity quartz mine in the u.s.

London, oct. 30, 2023 (globe newswire) -- ferroglobe plc (nasdaq: gsm) (“ferroglobe”, the “company”, or the “parent”), a leading global producer of silicon metal, silicon-based and manganese-based specialty alloys, announces the acquisition of a strategic, high-purity quartz mine in south carolina, u.s. the purchase price was approximately $11 million in cash with an additional $4 million expected in capital expenditures to build out the infrastructure, including rail access, loadout, and a processing facility.
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