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flag Australian smelter avoids winding up after regulator drops legal action.

flag Australia's only manganese smelter, Liberty Bell Bay, has avoided winding up after the corporate regulator ASIC dropped legal action on April 30. flag The smelter, owned by GFG Alliance, has been in voluntary administration for nearly a year and was accused of failing to file tax returns. flag The decision allows administrators to continue seeking a buyer, though the 216 employees remain in limbo.

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