SIMEC Infrastructure has reached agreement to buy a major port and cargo-handling business in South Wales, as it expands its transport infrastructure across the country.
SIMEC Energy, part of Sanjeev Gupta’s GFG Alliance, has signed an agreement with N+P Group to form a joint venture, SIMEC Subcoal Fuels Ltd (SSF), creating a new global alternative fuel supply company to meet the growing demand for greener fuels for (previously) fossil-fueled power stations.
Atlantis Resources Limited has today (21st May) announced its result of placing of new ordinary shares to be soon traded on AIM.
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.