Australia’s last manganese smelter in Bell Bay, Tasmania, may be getting a second life as a consortium led by White Oak and OM Holdings shows conditional interest in reviving operations — a move that could restore domestic steelmaking capacity and bring back jobs. Once shuttered last year amid financial woes and insolvency, the site now faces a potential phoenix rebirth, with a new company, TEMCO Bell Bay, already registered. The Australian Workers’ Union is rallying behind the deal, urging the Tasmanian government to support it — but with strings attached: the consortium seeks to waive past environmental liabilities and retain the existing power agreement with Hydro Tasmania. With skilled workers at risk of leaving for greener pastures, time is running out — and while the government remains open to talks, key terms still need to be negotiated to ensure taxpayer interests are protected.
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