Ferroglobe announces restart of its polokwane facility in south africa to meet strong silicon metal demand and address volatile energy markets in europe

London, oct. 03, 2022 (globe newswire) -- ferroglobe plc (nasdaq: gsm) (“ferroglobe” or the “company”), a leading producer of silicon metal, silicon-based alloys and manganese-based specialty alloys, announces today the intention to restart its 55,000-ton silicon metal facility in polokwane, south africa. the decision to restart the polokwane facility was made as part of ferroglobe's strategic plan to increase its capacity of silicon metal to address strong market demand. the polokwane plant will enable the company to add capacity that is lower cost and strategically located, optimizing its asset footprint, and providing flexibility in addressing the volatile energy markets in europe.
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