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Non-Precious Metals & Non-Metallic Mining M&A image Non-Precious Metals & Non-Metallic Mining M&A » By The Online Investor Staff, updated Tue., Feb. 18, 12:55 AM Recent mergers and acquisitions in the Non-Precious Metals & Non-Metallic Mining M&A category.

Slide #15. Globe Specialty Metals, Inc. Siltech

Acquirer: Globe Specialty Metals, Inc. (NASDAQ:GSM)
Acquiree: Siltech
Details: Globe Specialty Metals, Inc. (Nasdaq:GSM), one of the world's largest and most efficient producers of silicon metal and silicon alloys, today announced it has acquired Silicon Technology (Pty), Ltd, ("Siltech") a silicon alloy producer in South Africa with an annual production capacity of 45,000 metric tons.

Ferroglobe is engaged in the production of silicon metal, silicon-based alloys, important ingredients in a variety of industrial and consumer products. Co.'s customers include major silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. Additionally, Co. had been operating hydroelectric plants (energy business) in Spain and France. Co. had a diversified production base consisting of production facilities across the United States, Europe, South America, South Africa and Asia.

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Company Name: 
Ferroglobe PLC
Stock buyback: 
GSM buyback
Website: 
www.ferroglobe.com
Sector: 
Metals Fabrication & Products
Number of ETFs Holding GSM: 
1
Total Market Value Held by ETFs: 
$432854
Total Market Capitalization: 
$171.00M
% of Market Cap. Held by ETFs: 
0.25%
 

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