The Tasmanian state government has appointed receivers and managers to protect the manganese ore stockpile at the Liberty Bell Bay manganese smelter.
Liberty Bell Bay, Australia’s only manganese alloy smelter, has not been in operation since May 2025 due to ore supply issues and global price volatility.
The Tasmanian government provided a AU$20 million loan in August 2025 to assist in the restart of the troubled smelter.
Despite the loan, the smelter has not resumed operations, and the state government moved to protect the manganese ore stockpile, paid for by taxpayers.
Minister for Business, Industry and Resources Felix Ellis said the appointment of managers and receivers is a targeted step to protect the state’s interests and secure its loan, protect workers and preserve options for the future of the site.
“The Tasmanian Government had provided significant financial support to Liberty Bell Bay to assist workers, suppliers and the local community, including a secured loan to help facilitate a restart of operations,” Ellis said.
“Unfortunately, GFG has not delivered on its promises to Tasmanians and to its workers to restart operations, and the loan has not been repaid.
“We have engaged extensively with Liberty’s owners over recent months, including on potential future pathways for the business. The state must act responsibly to protect public funds and ensure its secured position is maintained.
“By securing the ore and not moving immediately to sell it, the government is maintaining options and providing opportunity for Liberty Bell Bay and interested parties to continue discussions about potential future operations at the site.”
Liberty Bell Bay remains a commercial operation, and its broader business, workforce and on-site management are not subject to receivership.
The Tasmanian government remains open to working with the smelter and any credible proponents to explore opportunities.
