[citation needed] LHG, together with the SIMEC Group, part of the GFG Alliance, purchased the Lochaber aluminium smelter plant as well as the Laggan Dam from Rio Tinto in November 2016.
[8] In July 2017, LHG purchased South Australian steelmaker Arrium[9] which was rebadged LibertyOneSteel for the first year of ownership and is now Liberty Steel.
[13] On 31 March 2021 Credit Suisse filed insolvency proceedings against Liberty Commodities (a LHG subsidiary) in a London court.
[14] On 2 April 2021, Gupta claimed that none of its plants would close under his watch as he raced to refinance his business after the collapse of financial backer Greensill.
[15] In April 2021, Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng rejected a request to bail LSG out.