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Monday, November 25, 2024

Alabama NewsCenter — UK-based Ferroglobe eyes restart plan for silicon metal facility in Selma - alabamawx.com

Last updated Sunday, October 3, 2021 15:02 ET , Source: NewsService

By Jerry Underwood
Made in Alabama

Ferroglobe PLC, a leading producer of silicon metal, silicon-based alloys and manganese-based specialty alloys, announced that its subsidiary, Globe Metallurgical Inc. (GMI), is considering plans to restart its silicon metal facility in Selma.

GMI said it is working with Alabama and local representatives on the plans. The company is seeking new market tax credits for the project, which would help offset commissioning costs and enable it to acquire and upgrade equipment to begin production of silicon metal.

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Read Full Story: https://www.alabamawx.com/?p=234827

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