0001104659-26-034859 | 20-F | XBRL Viewer

gsm_EbitdaMargin

(3.00%)

gsm_EbitdaMargin

(2.00%)

gsm_EbitdaMargin

(35.00%)

gsm_EbitdaMargin

(26.00%)

gsm_EbitdaMargin

6.00%

gsm_EbitdaMargin

34.00%

gsm_EbitdaMargin

5.00%

gsm_EbitdaMargin

32.00%

gsm_EbitdaMargin

(10.80%)

gsm_EbitdaMargin

31.90%

gsm_EbitdaMargin

0.70%

gsm_EbitdaMargin

19.20%

gsm_EbitdaMargin

(3.20%)

Period For Contingent Consideration

gsm_EbitdaMargin

23.00%

Borrowings Term

gsm_BorrowingsTerm

10 years

Borrowings Term

gsm_BorrowingsTerm

2 years

gsm_PeriodForContingentConsideration

8 years 6 months

gsm_RelatedPartyTransactionContractTerm

1 year

Performance period remaining at grant date

gsm_PerformancePeriodRemainingAtGrantDate

3 years

Performance period remaining at grant date

gsm_PerformancePeriodRemainingAtGrantDate

3 years

Performance period remaining at grant date

gsm_PerformancePeriodRemainingAtGrantDate

3 years

Percentage Of Reasonably Possible Increase In Risk Assumption.

gsm_PercentageOfReasonablyPossibleIncreaseInRiskAssumption.

10.00%

Increase Decrease In Profit Loss Financial Instrument Due To Reasonably Possible Increase In Designated Risk Component

gsm_IncreaseDecreaseInProfitLossFinancialInstrumentDueToReasonablyPossibleIncreaseInDesignatedRiskComponent

$ 8,038,000

Increase Decrease In Profit Loss Financial Instrument Due To Reasonably Possible Increase In Designated Risk Component

gsm_IncreaseDecreaseInProfitLossFinancialInstrumentDueToReasonablyPossibleIncreaseInDesignatedRiskComponent

$ 5,165,000

Percentage Of Reasonably Possible Decrease In Risk Assumption

gsm_PercentageOfReasonablyPossibleDecreaseInRiskAssumption

10.00%

Percentage Of Reasonably Possible Decrease In Risk Assumption

gsm_PercentageOfReasonablyPossibleDecreaseInRiskAssumption

10.00%

Increase Decrease In Profit And Loss Due To Reasonably Possible Decrease In Designated Risk Component

gsm_IncreaseDecreaseInProfitAndLossDueToReasonablyPossibleDecreaseInDesignatedRiskComponent

$ 22,706,000

Lease Term

gsm_LeaseTerm

3 years

Lease Term

gsm_LeaseTerm

5 years

Accumulated Valuation Adjustments

gsm_AccumulatedValuationAdjustments

$ 4,677,000

Accumulated Valuation Adjustments

gsm_AccumulatedValuationAdjustments

8,630,000

Net Energy Credit

gsm_NetEnergyCredit

(122,300,000)

Net Energy Credit

gsm_NetEnergyCredit

(171,300,000)

Net Energy Credit

gsm_NetEnergyCredit

28,700,000

Other Comprehensive Income That Has Been Reclassified To Profit Or Loss Net Of Tax

gsm_OtherComprehensiveIncomeThatHasBeenReclassifiedToProfitOrLossNetOfTax

1,105,000

Other Comprehensive Income That Has Been Reclassified To Profit Or Loss Net Of Tax

gsm_OtherComprehensiveIncomeThatHasBeenReclassifiedToProfitOrLossNetOfTax

(1,007,000)

Other Comprehensive Income That Has Been Reclassified To Profit Or Loss Net Of Tax

gsm_OtherComprehensiveIncomeThatHasBeenReclassifiedToProfitOrLossNetOfTax

$ (83,000)

gsm_IfrsSharesOutstanding

188,883,000

gsm_IfrsSharesOutstanding

188,883,000

gsm_IfrsSharesOutstanding

188,883,000

Adjustment For Profit For The Year

gsm_IfrsSharesOutstanding

188,883,000

gsm_AdjustmentForProfitForYear

$ (177,112,000)

Adjustment For Profit For The Year

gsm_AdjustmentForProfitForYear

20,800,000

Adjustment For Profit For The Year

gsm_AdjustmentForProfitForYear

98,478,000

Adjustments for Write Down Of Inventories To Net Realizable Value

gsm_AdjustmentsForWriteDownOfInventoriesToNetRealizableValue

22,937,000

Adjustments for Write Down Of Inventories To Net Realizable Value

gsm_AdjustmentsForWriteDownOfInventoriesToNetRealizableValue

16,963,000

Adjustments for Write Down Of Inventories To Net Realizable Value

gsm_AdjustmentsForWriteDownOfInventoriesToNetRealizableValue

13,687,000

Adjustments for Change In Fair value Of Derivatives Not Designated As hedging Instruments

gsm_AdjustmentsForChangeInFairValueOfDerivativesNotDesignatedAsHedgingInstruments

42,263,000

Adjustments for Change In Fair value Of Derivatives Not Designated As hedging Instruments

gsm_AdjustmentsForChangeInFairValueOfDerivativesNotDesignatedAsHedgingInstruments

5,389,000

Adjustment For Decrease Increase In Energy Receivable

gsm_AdjustmentForDecreaseIncreaseInEnergyReceivable

31,041,000

Adjustment For Decrease Increase In Energy Receivable

gsm_AdjustmentForDecreaseIncreaseInEnergyReceivable

131,959,000

Adjustment For Decrease Increase In Energy Receivable

gsm_AdjustmentForDecreaseIncreaseInEnergyReceivable

(159,807,000)

Purchase Of Non Current Financial Assets Classified As Investing Activities

gsm_PurchaseOfNonCurrentFinancialAssetsClassifiedAsInvestingActivities

15,119,000

Purchase Of Non Current Financial Assets Classified As Investing Activities

gsm_PurchaseOfNonCurrentFinancialAssetsClassifiedAsInvestingActivities

3,000,000

Payments For Debt And Equity Issuance Costs

gsm_PaymentsForDebtAndEquityIssuanceCosts

205,000

Payments For Debt And Equity Issuance Costs

gsm_PaymentsForDebtAndEquityIssuanceCosts

6,000

Repayments Of Debt Instruments Classified As Financing Activities

gsm_RepaymentsOfDebtInstrumentsClassifiedAsFinancingActivities

35,760,000

Repayments Of Debt Instruments Classified As Financing Activities

gsm_RepaymentsOfDebtInstrumentsClassifiedAsFinancingActivities

147,624,000

Repayments Of Debt Instruments Classified As Financing Activities

gsm_RepaymentsOfDebtInstrumentsClassifiedAsFinancingActivities

179,075,000

Repayments Of Debt Instruments Classified As Financing Activities

gsm_RepaymentsOfDebtInstrumentsClassifiedAsFinancingActivities

205,000

Proceeds From Debt Issuance Classified As Financing Activities

gsm_ProceedsFromDebtIssuanceClassifiedAsFinancingActivities

50,244,000

Proceeds From Debt Issuance Classified As Financing Activities

gsm_ProceedsFromDebtIssuanceClassifiedAsFinancingActivities

10,255,000

Proceeds From Debt Issuance Classified As Financing Activities

gsm_ProceedsFromDebtIssuanceClassifiedAsFinancingActivities

50,244,000

Proceeds From Debt Issuance Classified As Financing Activities

gsm_ProceedsFromDebtIssuanceClassifiedAsFinancingActivities

10,255,000

Inflows Outflows From Other Financing Liabilities

gsm_InflowsOutflowsFromOtherFinancingLiabilities

(44,748,000)

Inflows Outflows From Other Financing Liabilities

gsm_InflowsOutflowsFromOtherFinancingLiabilities

6,054,000

gsm_CashAndCashEquivalentsAndRestrictedCash

137,649,000

gsm_CashAndCashEquivalentsAndRestrictedCash

322,943,000

gsm_CashAndCashEquivalentsAndRestrictedCash

122,987,000

Proportion of Direct Ownership Interest in Subsidiary

gsm_CashAndCashEquivalentsAndRestrictedCash

$ 133,271,000

gsm_ProportionOfDirectOwnershipInterestInSubsidiary

100.00%

Proportion of Direct Ownership Interest in Subsidiary

gsm_ProportionOfDirectOwnershipInterestInSubsidiary

100.00%

Ownership Interests In Subsidiaries, Transfer, Percentage

gsm_OwnershipInterestsInSubsidiariesTransferPercentage

26.00%

Ownership Interests In Subsidiaries, Transfer, Percentage

gsm_OwnershipInterestsInSubsidiariesTransferPercentage

26.00%

Disclosure Of Useful Lives Property Plant And Equipment [Table Text Block]

gsm_DisclosureOfUsefulLivesPropertyPlantAndEquipmentTableTextBlock


		Years of
		Estimated
		Useful
		Life
Buildings		25-50
Plant and machinery		8-20
Tools		12.5-15
Other fixtures and furniture		10-15
Computer hardware		4-8
Transport equipment		10-15

Description Of Accounting Policy For Raw Materials And Energy Consumption For Production [Policy Text Block]

gsm_DescriptionOfAccountingPolicyForRawMaterialsAndEnergyConsumptionForProductionPolicyTextBlock

4.9 Raw materials and energy consumption for production

Raw materials and energy consumption for production comprise the cost of raw materials, energy, changes in the fair value of energy derivative instruments not designated as hedging instruments, other direct costs, inventory write-downs and changes in inventory.

Restricted Cash And Cash Equivalents In Subsidiaries

gsm_RestrictedCashAndCashEquivalentsInSubsidiaries

$ 37,129,000

Restricted Cash And Cash Equivalents In Subsidiaries

gsm_RestrictedCashAndCashEquivalentsInSubsidiaries

$ 97,370,000

Description Of Accounting Policy For Provisions And Contingencies [Policy Text Block]

gsm_DescriptionOfAccountingPolicyForProvisionsAndContingenciesPolicyTextBlock

4.12 Provisions and contingencies

When preparing the consolidated financial statements, the Company distinguishes between:

●

Provisions: present obligations, either legal, contractual, constructive or assumed by the Company, arising from past events, the settlement of which is expected to give rise to an outflow of economic benefits the amount or timing of which are uncertain; and

●

Contingent liabilities: possible obligations that arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more future events not wholly within the control of the Company, or present obligations arising from past events the amount of which cannot be estimated reliably or whose settlement is not likely to give rise to an outflow of economic benefits.

Contingent assets are possible assets that arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity.

The consolidated financial statements include all the material provisions for those obligations that are considered probable to be settled. Contingent liabilities are not recognized in the consolidated financial statements, but rather are disclosed in accordance with IAS 37 (see Note 26).

Provisions are classified as current when there is not an unconditional right to defer settlement for at least 12 months after the reporting date. They are recognized when the liability or obligation giving rise to the indemnity or payment arises, to the extent that its amount can be estimated reliably.

Provisions include (i) the provisions for pension and similar obligations assumed; (ii) provisions for contingencies and charges, such as for example those of an environmental nature and those arising from litigation in progress or from outstanding indemnity payments or obligations, and collateral and other similar guarantees provided by the Company; (iii) provisions for medium- and long-term employee incentives; and (iv) provisions for taxes.

Contingent assets are not recognized, but are disclosed where an inflow of economic benefits is probable. If it has become virtually certain that an inflow of economic benefits will arise, the asset and the related income are recognized in the consolidated financial statements in the period in which the change occurs.

Defined contribution plans

Certain employees have defined contribution plans which are applicable to local regulations. The main features of these plans are as follows:

●

They are mixed plans covering the benefits for retirement, disability and death of the participants.

●

The sponsor undertakes to make monthly contributions of certain percentages of current employees’ salaries to external pension funds.

The annual cost of these plans is recognized within “Staff costs” in the consolidated income statements.

Defined benefit plans

IAS 19 Employee Benefits requires defined benefit plans to be accounted for:

●

Using actuarial techniques to make a reliable estimate of the amount of benefits that employees have earned in return for their service in the current and prior periods;

●

Discounting those benefits in order to determine the present value of the obligation;

●

Determining the fair value of any plan assets; and

●

Determining the total amount of actuarial gains and losses and the amount of those actuarial gains and losses that must be recognized.

The amount recognized as a benefit liability arising from a defined benefit plan is the total net result of:

●

The present value of the obligations;

●

Less the fair value of plan assets (if any) out of which the obligations are to be settled directly.

The Company recognizes provisions for these benefits as the related rights vest and on the basis of actuarial studies. These amounts are recognized under “Provisions for pensions” in the consolidated statements of financial position on the basis of their expected payment due dates.

Environmental provisions

Provisions for environmental obligations are estimated by analyzing each case separately and observing the relevant legal provisions. The estimate is made on the basis of the information available and a provision is recognized provided that the aforementioned information suggests that it is probable that the loss will arise and can be estimated in a sufficiently reliable manner.

The balance of provisions and disclosures disclosed in Note 15 reflects management’s best estimation of the potential exposure as of the date of preparation of these consolidated financial statements.

Lease Right Of Asset Term Categories [Table Text Block]

gsm_LeaseRightOfAssetTermCategoriesTableTextBlock


		Years of
		Estimated
		Useful
		Life
Leased Land and Buildings		5-50
Leased Plant and Machinery		1-37

Description Of Accounting Policy For Determining Current Assets And Liabilities [Policy Text Block]

gsm_DescriptionOfAccountingPolicyForDeterminingCurrentAssetsAndLiabilitiesPolicyTextBlock

4.14 Current assets and liabilities

In general, assets and liabilities that are expected to be settled or fall due within 12 months from the end of the reporting period are classified as current items and those which fall due or will be settled after more than 12 months are classified as non-current items.

Description Of Accounting Policy For Carbon Dioxide Emission Allowances [Policy Text Block]

gsm_DescriptionOfAccountingPolicyForCarbonDioxideEmissionAllowancesPolicyTextBlock

4.21 Carbon dioxide emission allowances

The Company recognizes carbon dioxide emission allowances received, whether allocated by government or purchased, as intangible assets. The intangible asset is initially measured and recognized on the date of acquisition at fair value, being the consideration paid (if purchased on the open market) or the current market value (if granted for less than fair value).

When allowances are granted for less than fair value, the difference between the fair value and the nominal amount paid is recognized as a government grant. The grant is initially recognized as deferred income in the consolidated statements of financial position and subsequently recognized as “Other operating income” on a systematic basis on the proportion of the carbon dioxide emitted over total carbon dioxide expected to be emitted for the compliance period on the consolidated income statements. In the case that a better estimate of the expected carbon dioxide emissions for the compliance period is available, the deferred income to be recognized in the consolidated statements of financial position is adjusted prospectively.

As the Company emits carbon dioxide, it recognizes a provision for its obligation to deliver the carbon dioxide allowances at the end of the compliance period. The provision is remeasured and recorded as an expense at the end of each reporting period at historical cost for the emission rights (allowances) received and at acquisition cost for the carbon dioxide purchased and at fair value for the carbon dioxide pending to be purchased.

Intangible assets recognized for emissions allowances are not amortized and remain valued at historical cost until either sold or surrendered in satisfaction of the Company’s obligation to deliver the allowances to the relevant authority.

Sale of emission rights

When the Company has determined to sell its emission rights, the emission rights sold would be derecognized from the consolidated statements of financial position against the cash received. In those cases, where the price per emission right is different to the fair value per emission right at the time they were granted, a gain or a loss on the disposal of assets will be recognized. The deferred income originally recognized for the free emission rights granted at the beginning of the compliance period that still remain in the consolidated statements of financial position at the time of sale will be derecognized.

Description Of Accounting Policy For Other Income [Policy Text Block]

gsm_DescriptionOfAccountingPolicyForOtherIncomePolicyTextBlock

4.23 Other income

Interest income is recognized as the interest accrues using the effective interest rate, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial instrument to the net carrying amount of the financial asset.

Dividend income from investments is recognized when the shareholders’ right to receive the payment is established.

IFRS Schedule of Segment Reporting Information, by Segment [Table Text Block]

gsm_IfrsScheduleOfSegmentReportingInformationBySegmentTableTextBlock


	2025
	North America	North America	Europe	Europe	Europe	South Africa	South Africa		Adjustments/
	Silicon Metal	Silicon Alloys	Manganese	Silicon Metal	Silicon Alloys	Silicon Metal	Silicon Alloys	Other segments	*Eliminations ()**	Total
	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000
Sales	284,395	265,833	363,929	220,946	149,516	7,844	79,524	30,148	(67,014)	1,335,121
Sales to third parties	284,272	265,248	350,547	210,037	144,965	5,417	62,576	12,059		1,335,121
Intercompany sales	123	585	13,382	10,909	4,551	2,427	16,948	18,089	(67,014)	—
Raw materials	(147,940)	(111,876)	(242,845)	(133,868)	(127,870)	(11,919)	(45,512)	(14,601)	67,074	(769,357)
Energy consumption for production	(60,067)	(33,948)	(37,372)	1,793	(7,674)	(1,441)	(22,759)	(2,706)	—	(164,174)
Other operating income	9,148	701	29,934	37,671	8,048	13	98	41,711	(44,489)	82,835
Staff costs	(58,049)	(43,747)	(33,649)	(61,850)	(27,931)	(1,938)	(11,213)	(32,272)	—	(270,649)
Other operating expense	(33,706)	(32,438)	(91,745)	(61,055)	(24,139)	(1,821)	(3,470)	(41,954)	44,429	(245,899)
Depreciation and amortization charges	(33,200)	(16,730)	(4,637)	(13,297)	(5,672)	(54)	(4,995)	(6,366)	—	(84,951)
Impairment (loss) gain	(11,259)	—	(7,691)	—	1,834	(372)	—	—	—	(17,488)
Other (loss) gain	(281)	(296)	—	8	12	162	1,401	99	—	1,105
Operating (loss) profit	(50,959)	27,499	(24,076)	(9,652)	(33,876)	(9,526)	(6,926)	(25,941)	—	(133,457)

(*) The amounts correspond to transactions between segments that are eliminated in the consolidation process.


		2024
		North America		North America		Europe		Europe		Europe		South Africa		South Africa				Adjustments/
		Silicon Metal		Silicon Alloys		Manganese		Silicon Metal		Silicon Alloys		Silicon Metal		Silicon Alloys		Other segments		*Eliminations ()**		Total
		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000
Sales		386,429		279,806		367,498		393,278		181,702		67,944		91,021		43,001		(166,740)		1,643,939
Sales to third parties		365,429		240,352		350,646		374,373		172,148		51,856		71,581		17,554				1,643,939
Intercompany sales		21,000		39,454		16,852		18,905		9,554		16,088		19,440		25,447		(166,740)
Raw materials		(196,522)		(134,153)		(230,727)		(210,391)		(147,642)		(37,452)		(41,599)		(25,133)		167,797		(855,822)
Energy consumption for production		(71,025)		(29,051)		(21,924)		4,373		7,699		(22,786)		(34,820)		(3,774)		—		(171,308)
Other operating income		10,987		134		24,902		46,241		5,967		65		83		44,978		(48,979)		84,378
Staff costs		(57,992)		(43,342)		(31,355)		(71,647)		(23,613)		(6,270)		(9,978)		(35,667)		—		(279,864)
Other operating expense		(34,497)		(29,340)		(77,607)		(84,209)		(24,284)		(7,502)		(5,394)		(50,271)		47,922		(265,182)
Depreciation and amortization charges		(25,632)		(17,209)		(6,550)		(11,458)		(3,692)		(2,863)		(4,622)		(3,437)		—		(75,463)
Impairment (loss) gain		(17,962)		—		(2,629)		—		(3,646)		(12,953)		—		(5,862)		—		(43,052)
Other (loss) gain		(892)		(43)		—		155		68		—		(6)		1,273		—		555
Operating (loss) profit		(7,106)		26,802		21,608		66,342		(7,441)		(21,817)		(5,315)		(34,892)		—		38,181

(*) The amounts correspond to transactions between segments that are eliminated in the consolidation process.


	2023
	North America	North America	Europe	Europe	Europe	South Africa	South Africa		Adjustments/
	Silicon Metal	Silicon Alloys	Manganese	Silicon Metal	Silicon Alloys	Silicon Metal	Silicon Alloys	Other segments	*Eliminations ()**	Total
	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000
Sales	505,472	283,180	277,508	307,230	216,465	50,071	109,684	54,921	(154,497)	1,650,034
Sales to third parties	465,647	251,936	274,223	297,206	209,627	45,320	68,813	37,262		1,650,034
Intercompany sales	39,825	31,244	3,285	10,024	6,838	4,751	40,871	17,659	(154,497)
Raw materials	(240,482)	(137,307)	(226,463)	(206,727)	(160,780)	(16,401)	(45,491)	(30,391)	156,105	(907,937)
Energy consumption for production	(72,680)	(27,886)	42,624	103,423	52,371	(27,602)	(36,710)	(4,889)	—	28,651
Other operating income	6,605	3,896	36,628	40,321	21,149	594	(142)	50,655	(58,714)	100,992
Staff costs	(67,160)	(37,744)	(28,326)	(79,114)	(42,069)	(5,007)	(10,412)	(36,027)	—	(305,859)
Other operating expense	(44,304)	(26,840)	(69,897)	(71,632)	(44,132)	(11,223)	(10,718)	(48,309)	56,965	(270,090)
Depreciation and amortization charges	(32,313)	(15,183)	(7,835)	(6,325)	(3,005)	(1,840)	(4,056)	(2,975)	—	(73,532)
Impairment (loss) gain	(21,008)	—	(1,571)	—	(3,619)	478	—	430	—	(25,290)
Other (loss) gain	(71)	(115)	1	79	47	—	—	30	—	(29)
Operating (loss) profit	34,059	42,001	22,669	87,255	36,427	(10,930)	2,155	(16,555)	(141)	196,940

(*) The amounts correspond to transactions between segments that are eliminated in the consolidation process.

gsm_RawMaterialsUtilised

$ 147,940,000

gsm_RawMaterialsUtilised

111,876,000

gsm_RawMaterialsUtilised

242,845,000

gsm_RawMaterialsUtilised

133,868,000

gsm_RawMaterialsUtilised

127,870,000

gsm_RawMaterialsUtilised

11,919,000

gsm_RawMaterialsUtilised

45,512,000

gsm_RawMaterialsUtilised

14,601,000

gsm_RawMaterialsUtilised

(67,074,000)

gsm_RawMaterialsUtilised

769,357,000

gsm_RawMaterialsUtilised

196,522,000

gsm_RawMaterialsUtilised

134,153,000

gsm_RawMaterialsUtilised

230,727,000

gsm_RawMaterialsUtilised

210,391,000

gsm_RawMaterialsUtilised

147,642,000

gsm_RawMaterialsUtilised

37,452,000

gsm_RawMaterialsUtilised

41,599,000

gsm_RawMaterialsUtilised

25,133,000

gsm_RawMaterialsUtilised

(167,797,000)

gsm_RawMaterialsUtilised

855,822,000

gsm_RawMaterialsUtilised

240,482,000

gsm_RawMaterialsUtilised

137,307,000

gsm_RawMaterialsUtilised

226,463,000

gsm_RawMaterialsUtilised

206,727,000

gsm_RawMaterialsUtilised

160,780,000

gsm_RawMaterialsUtilised

16,401,000

gsm_RawMaterialsUtilised

45,491,000

gsm_RawMaterialsUtilised

30,391,000

gsm_RawMaterialsUtilised

(156,105,000)

gsm_RawMaterialsUtilised

907,937,000

gsm_EnergyConsumptionForProduction

60,067,000

gsm_EnergyConsumptionForProduction

33,948,000

gsm_EnergyConsumptionForProduction

37,372,000

gsm_EnergyConsumptionForProduction

(1,793,000)

gsm_EnergyConsumptionForProduction

7,674,000

gsm_EnergyConsumptionForProduction

1,441,000

gsm_EnergyConsumptionForProduction

22,759,000

gsm_EnergyConsumptionForProduction

2,706,000

gsm_EnergyConsumptionForProduction

164,174,000

gsm_EnergyConsumptionForProduction

71,025,000

gsm_EnergyConsumptionForProduction

29,051,000

gsm_EnergyConsumptionForProduction

21,924,000

gsm_EnergyConsumptionForProduction

(4,373,000)

gsm_EnergyConsumptionForProduction

(7,699,000)

gsm_EnergyConsumptionForProduction

22,786,000

gsm_EnergyConsumptionForProduction

34,820,000

gsm_EnergyConsumptionForProduction

3,774,000

gsm_EnergyConsumptionForProduction

171,308,000

gsm_EnergyConsumptionForProduction

72,680,000

gsm_EnergyConsumptionForProduction

27,886,000

gsm_EnergyConsumptionForProduction

(42,624,000)

gsm_EnergyConsumptionForProduction

(103,423,000)

gsm_EnergyConsumptionForProduction

(52,371,000)

gsm_EnergyConsumptionForProduction

27,602,000

gsm_EnergyConsumptionForProduction

36,710,000

gsm_EnergyConsumptionForProduction

4,889,000

Other Operating Expense Adjustment

gsm_EnergyConsumptionForProduction

(28,651,000)

gsm_OtherOperatingExpenseAdjustment

44,429,000

Other Operating Expense Adjustment

gsm_OtherOperatingExpenseAdjustment

47,922,000

Other Operating Expense Adjustment

gsm_OtherOperatingExpenseAdjustment

$ 56,965,000

Schedule of Noncurrent Assets By Geographical Area [Table Text Block]

gsm_ScheduleOfNoncurrentAssetsByGeographicalAreaTableTextBlock


		Year ended December 31,
		2025		2024
		US$´000		US$´000
United Kingdom		206		338
United States of America		212,143		241,325
Europe
Spain		130,195		132,385
France		174,536		131,479
Other European Countries		14,719		7,968
Total non-current assets in Europe		319,450		271,832
Rest of the World		123,232		115,024
Total		655,031		628,519

Disclosure Of Assumptions Used In Determination Of Recoverable Value Of Business Acquisitions [Table Text Block]

gsm_DisclosureOfAssumptionsUsedInDeterminationOfRecoverableValueOfBusinessAcquisitionsTableTextBlock


		2025			2024
U.S. Silicon Metals		U.S.			U.S.
Pre-tax discount rate		17.9	%		13.9	%
Long-term growth rate		2.2	%		2.3	%
Forecasted EBITDA margins		(3%)-35	%		(2%)-26	%


		2025			2024
U.S. Silicon Based Alloys		U.S.			U.S.
Pre-tax discount rate		13.4	%		13.9	%
Long-term growth rate		2.2	%		2.3	%
Forecasted EBITDA margins		6%-34	%		5%-32	%

Number of Cash Generating Units

gsm_NumberOfCashGeneratingUnits

Carrying Value Of Cash Generating Unit.

gsm_CarryingValueOfCashGeneratingUnit.

$ 22,538,000

Carrying Value Of Cash Generating Unit.

gsm_CarryingValueOfCashGeneratingUnit.

53,704,000

Carrying Value Of Cash Generating Unit.

gsm_CarryingValueOfCashGeneratingUnit.

$ 26,870,000

Estimate Of Cost To Dispose Asset, Percentage

gsm_EstimateOfCostToDisposeAssetPercentage

15.00%

Estimate Of Cost To Dispose Asset, Percentage

gsm_EstimateOfCostToDisposeAssetPercentage

100.00%

Schedule Of Significant Assumptions

gsm_ScheduleOfSignificantAssumptions


	Post-Tax	Long-Term	EBITDA
	Discount Rate	Growth Rate	Margin¹
CGU
Alloy	10.27%	2.21%	(10.8%)-31.9%

⁽¹⁾ EBITDA Margin is determined as EBITDA divided by sales

Post Tax Discount Rate

gsm_PostTaxDiscountRate

10.27%

Disclosure Of Changes In Sensitivity Assumption [Textblock]

gsm_DisclosureOfChangesInSensitivityAssumptionTextblock

Shortfall of

Sensitivity on

recoverable

discount rate

long-term growth rate

EBITDA

Carrying

value versus

Decrease

Increase

Decrease

Increase

Decrease

Increase

Value

carrying value

by 10%

by 15%

CGU

Alloy

53,704

(9,512)

11,072

(8,850)

1,947

(1,712)

(31,459)

31,333

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

15.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of Reasonable Possible Decrease In Assumption

gsm_PercentageOfReasonablePossibleDecreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

15.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Percentage Of reasonable Possible Increase In Assumption

gsm_PercentageOfReasonablePossibleIncreaseInAssumption

10.00%

Carrying Value Of Cash generating Unit

gsm_CarryingValueOfCashGeneratingUnit

$ 53,704,000

Carrying Value Of Cash generating Unit

gsm_CarryingValueOfCashGeneratingUnit

18,141,000

Carrying Value Of Cash generating Unit

gsm_CarryingValueOfCashGeneratingUnit

70,574,000

Amount Of Shortfall Of Recoverable Value Versus Carrying Value.

gsm_AmountOfShortfallOfRecoverableValueVersusCarryingValue.

9,512,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

11,072,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

1,947,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

(31,459,000)

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

11,676,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

1,574,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

(23,174,000)

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

16,334,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

760,000

Increase decrease in valuation due to reasonably possible decrease in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleDecreaseInAssumption

(28,191,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

(8,850,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

(1,712,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

31,333,000

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

(8,911,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

(1,661,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

23,174,000

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

(12,761,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

(806,000)

Increase decrease in valuation due to reasonably possible increase in assumption

gsm_IncreaseDecreaseInValuationDueToReasonablyPossibleIncreaseInAssumption

28,191,000

Potential Reduction In Recoverable Amount Of Alloy CGU

gsm_PotentialReductionInRecoverableAmountOfAlloyCgu

27,974,000

Impairment Loss Adjustments.

gsm_ImpairmentLossAdjustments.

$ 5,812,000

Percentage Reduction Of Recoverable Amount of Pierrefitte Emalahleni

gsm_PercentageReductionOfRecoverableAmountOfPierrefitteEmalahleni

10.00%

Schedule Of Sensitivity Changes In Assumptions [Text Block]

gsm_ScheduleOfSensitivityChangesInAssumptionsTextBlock

Excess of

Sensitivity on

recoverable

discount rate

long-term growth rate

EBITDA

Carrying

value over

Decrease

Increase

Decrease

Increase

Decrease

Increase

Value

carrying value

by 10%

CGU

Dunkirk

18,141

1,896

11,676

(8,911)

1,574

(1,661)

(23,174)

23,174

Excess of

Sensitivity on

recoverable

discount rate

long-term growth rate

EBITDA

Carrying

value over

Decrease

Increase

Decrease

Increase

Decrease

Increase

Value

carrying value

by 10%

CGU

Alloy

70,574

(2,479)

16,334

(12,761)

760

(806)

(28,191)

28,191

Amount By Which Recoverable Amount is lower than Carrying Amount CGU

gsm_AmountByWhichRecoverableAmountIsLowerThanCarryingAmountCgu

$ 2,479,000

Disclosure Of Impairment Write Downs Reversals [text block]

gsm_DisclosureOfImpairmentWriteDownsReversalsTextBlock


			2025	2024		2023
CGU	Segment		US$’000	US$’000		US$’000
Selma	Noth America Silicon Metal		—	—		21,008
Alloy	Noth America Silicon Metal		9,512	2,479		—
Boo	Europe Manganese		5,541	—		1,570
Cee-Dumbria	Europe Silicon Alloys		1,808	3,646		3,619
Polokwane	South Africa Silicon Metal		372	12,953		—
Puertollano	Other Segments		—	5,862		—
Monzon	Europe Manganese		2,130	—		—
Pierrefitte	Europe Silicon Alloys		8,539	—		—
Others	Other Segments		—	—		(429)
Total			27,902	24,940		25,768

Disclosure of classification of financial assets [text block]

gsm_DisclosureOfClassificationOfFinancialAssetsTextBlock


		2025 classification
	Note	Amortized cost	Fair value through profit or loss - mandatorily measured	Fair value through other comprehensive income - designated	Total
		US$'000	US$'000	US$'000	US$'000
Other financial assets	9.1	12,921	24,900	—	37,821
Receivables from related parties	25	1,763	—	—	1,763
Trade receivables	9.2	191,536	—	—	191,536
Other receivables	9.2	74,665	—	—	74,665
Restricted cash and cash equivalents		175	—	—	175
Cash and cash equivalents		122,812	—	—	122,812
Total financial assets		403,872	24,900	—	428,772


		2024 classification
	Note	Amortized cost	Fair value through profit or loss - mandatorily measured	Fair value through other comprehensive income - designated	Total
		US$'000	US$'000	US$'000	US$'000
Other financial assets	9.1	12,929	12,091	293	25,313
Receivables from related parties	25	1,558	—	—	1,558
Trade receivables	9.2	188,816	—	—	188,816
Other receivables	9.2	83,103	—	—	83,103
Restricted cash and cash equivalents		298	—	—	298
Cash and cash equivalents		132,973	—	—	132,973
Total financial assets		419,677	12,091	293	432,061

Disclosure of current and noncurrent financial assets [table text block]

gsm_DisclosureOfCurrentAndNoncurrentFinancialAssetsTableTextBlock


		2025
		Non-
		Current		Current		Total
		US$'000		US$'000		US$'000
Other financial assets held with third parties:
Other financial assets at amortized cost		12,921		—		12,921
Equity securities		1,643		4		1,647
Financial investments		9,074		11,100		20,174
Derivatives not designated as hedging instruments (Note 21)		3,079		—		3,079
Total		26,717		11,104		37,821


		2024
		Non-
		Current		Current		Total
		US$'000		US$'000		US$'000
Other financial assets held with third parties:
Other financial assets at amortized cost		12,929		—		12,929
Equity securities		1,815		—		1,815
Financial investments		—		5,500		5,500
Derivatives not designated as hedging instruments (Note 21)		4,707		69		4,776
Derivatives designated as hedging instruments (Note 21)		293		—		293
Total		19,744		5,569		25,313

Other financial assets at amortized cost

Financial Assets Deposits Period

gsm_FinancialAssetsDepositsPeriod

20 years

Number Of Shares Purchased.

gsm_NumberOfSharesPurchased.

1,200

Current Government Grant Receivables

gsm_CurrentGovernmentGrantReceivables

$ 51,066,000

Current Government Grant Receivables

gsm_CurrentGovernmentGrantReceivables

62,586,000

Decrease Through Collection Of Previously Written Off Balances

gsm_DecreaseThroughCollectionOfPreviouslyWrittenOffBalances

519,000

Decrease Through Collection Of Previously Written Off Balances

gsm_DecreaseThroughCollectionOfPreviouslyWrittenOffBalances

$ 1,798,000

Maximum Cash Consideration For Financing Facility

gsm_MaximumCashConsiderationForFinancingFacility

$ 60,000,000

Maximum Cash Consideration For Financing Facility

gsm_MaximumCashConsiderationForFinancingFacility

$ 20,000,000

Percentage Of Accounts Receivable Provided As Guarantee To Agent Until Payment Has Been Satisfied

gsm_PercentageOfAccountsReceivableProvidedAsGuaranteeToAgentUntilPaymentHasBeenSatisfied

10.00%

Percentage Of Annual Agent Fee Applied To Revenues

gsm_PercentageOfAnnualAgentFeeAppliedToRevenues

0.18%

Percentage Of Annual Agent Fee Applied To Revenues

gsm_PercentageOfAnnualAgentFeeAppliedToRevenues

0.25%

Bad Debt Losses Not Covered By Insurance Provider

gsm_BadDebtLossesNotCoveredByInsuranceProvider

$ 5,000,000

Receivable Service Fees, Percentage

gsm_ReceivableServiceFeesPercentage

0.25%

Financing Cost Percentage

gsm_FinancingCostPercentage

1.00%

Financing Closing Fees, Percentage

gsm_FinancingClosingFeesPercentage

0.25%

Annual Renewal Fee Percentage

gsm_AnnualRenewalFeePercentage

0.25%

Indirect Carbon Dioxide Emission Compensation Deducted Against The Related Expenses

gsm_IndirectCarbonDioxideEmissionCompensationDeductedAgainstRelatedExpenses

$ 75,637,000

Indirect Carbon Dioxide Emission Compensation Deducted Against The Related Expenses

gsm_IndirectCarbonDioxideEmissionCompensationDeductedAgainstRelatedExpenses

$ 82,553,000

Ifrs Schedule of inventory current [Table text block]

gsm_IfrsScheduleOfInventoryCurrentTableTextBlock


		2025		2024
		US$'000		US$'000
Finished goods		141,842		167,225
Raw materials in progress and industrial supplies		126,587		141,998
Other inventories		37,731		37,916
Total		306,160		347,139

Number Of Interim Dividend Payments Declared

gsm_NumberOfInterimDividendPaymentsDeclared

Treasury Stock

gsm_TreasuryStock

2,021,799

Treasury Stock

gsm_TreasuryStock

1,536,435

Disclosure Of Majority Shareholders [Table Text Block]

gsm_DisclosureOfMajorityShareholdersTableTextBlock


		Number of Shares		Percentage of
Name		Beneficially Owned		*Outstanding Shares ()**
Grupo Villar Mir, S.A.U.		67,515,434		36.1	%
Cooper Creek Partners Management LLC		14,921,946		8.0	%
Hosking Partners LLP		10,633,729		6.0	%
Others		95,811,207
Shares in Treasury		(2,021,799)		—
Total ordinary shares outstanding		186,860,517
(*) 186,860,517 ordinary shares were outstanding at 31 December 2025, comprising 188,882,316 shares in issue less 2,021,799 shares held in treasury

Percentage Of Outstanding Shares Owned

gsm_PercentageOfOutstandingSharesOwned

36.10%

Percentage Of Outstanding Shares Owned

gsm_PercentageOfOutstandingSharesOwned

8.00%

Percentage Of Outstanding Shares Owned

gsm_PercentageOfOutstandingSharesOwned

6.00%

IFRS Share Repurchase Program, Period in Force

gsm_IfrsShareRepurchaseProgramPeriodInForce

5 years

Share Repurchase Program, Authorized, Number of Shares

srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased

37,776,463

Share Repurchase Program, Authorized, Number of Shares, Percentage Of Issued Capital

gsm_ShareRepurchaseProgramAuthorizedNumberOfSharesPercentageOfIssuedCapital

20.00%

IFRS Stock Repurchased During Period, Shares

gsm_IfrsStockRepurchasedDuringPeriodShares

1,320,442

IFRS Stock Repurchased During Period, Shares

gsm_IfrsStockRepurchasedDuringPeriodShares

598,207

Share Repurchase Program, Repurchase Price Per Share

gsm_ShareRepurchaseProgramRepurchasePricePerShare

$ 3.55

Share Repurchase Program, Repurchase Price Per Share

gsm_ShareRepurchaseProgramRepurchasePricePerShare

$ 4.06

Disclosure Of Valuation Adjustments [Table Text Block]

gsm_DisclosureOfValuationAdjustmentsTableTextBlock

Valuation adjustments comprise the following at December 31:


		2025		2024
		US$'000		US$'000
Actuarial gains		10,083		7,924
Hedging instruments		(7,025)		(135)
Deferred tax income (See Note 24)		1,619		841
Total		4,677		8,630

Actuarial Gain Loss Valuation Adjustment

gsm_ActuarialGainLossValuationAdjustment

$ 10,083,000

Actuarial Gain Loss Valuation Adjustment

gsm_ActuarialGainLossValuationAdjustment

7,924,000

Hedging Instrument And Other Valuation Adjustment

gsm_HedgingInstrumentAndOtherValuationAdjustment

(7,025,000)

Hedging Instrument And Other Valuation Adjustment

gsm_HedgingInstrumentAndOtherValuationAdjustment

(135,000)

Deferred Income Tax Valuation Adjustment

gsm_DeferredIncomeTaxValuationAdjustment

1,619,000

Deferred Income Tax Valuation Adjustment

gsm_DeferredIncomeTaxValuationAdjustment

$ 841,000

Disclosure Of Non Controlling Interest Changes Explanatory [Table Text Block]

gsm_DisclosureOfNonControllingInterestChangesExplanatoryTableTextBlock


		Balance
		US$'000
Balance at January 1, 2024		121,825
Loss for the year		(2,738)
Dividends paid		(2,917)
Translation differences		(2,939)
Other		507
Balance at December 31, 2024		113,738
Loss for the year		(6,412)
Dividends paid		(12,740)
Translation differences		1,807
Other		247
Balance at December 31, 2025		96,640

Increase Decrease In Non Controlling Interest Through Net Exchange Differences

gsm_IncreaseDecreaseInNonControllingInterestThroughNetExchangeDifferences

$ (2,939,000)

Increase Decrease In Non Controlling Interest Through Net Exchange Differences

gsm_IncreaseDecreaseInNonControllingInterestThroughNetExchangeDifferences

1,807,000

Increase Decrease In Non Controlling Interest Through Other Changes

gsm_IncreaseDecreaseInNonControllingInterestThroughOtherChanges

507,000

Increase Decrease In Non Controlling Interest Through Other Changes

gsm_IncreaseDecreaseInNonControllingInterestThroughOtherChanges

$ 247,000

Percentage Membership Interest Sold

gsm_PercentageMembershipInterestSold

49.00%

gsm_PercentageOfProductionOutputSold

49.00%

gsm_PercentageOfProductionOutputSold

51.00%

gsm_PercentageOfProductionOutputSold

51.00%

Operating Agreement Additional Cost Per Metric Ton

gsm_PercentageOfProductionOutputSold

49.00%

gsm_OperatingAgreementAdditionalCostPerMetricTon

$ 100

Operating Agreement Additional Cost Per Metric Ton

gsm_OperatingAgreementAdditionalCostPerMetricTon

$ 50

Disclosure Of Non Controlling Interest Financial Information Explanatory [Table Text Block]

gsm_DisclosureOfNonControllingInterestFinancialInformationExplanatoryTableTextBlock


		2025				2024				2023
		WVA		QSLP		WVA		QSLP		WVA		QSLP
		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000
Statements of Financial Position
Non-current assets		78,106		44,643		79,123		34,440		87,698		39,543
Current assets		53,987		50,441		74,289		53,667		71,329		68,073
Non-current liabilities		3,757		21,756		5,079		17,317		6,660		11,908
Current liabilities		19,655		7,805		26,632		11,529		26,770		26,378
Income Statements
Sales		185,660		95,936		194,643		108,582		211,118		148,313
Operating (loss) profit		(2,742)		1,227		(4,513)		2,640		13,513		22,151
(Loss) profit before taxes		(1,812)		1,081		(4,516)		2,500		13,513		21,561
Net income (loss)		631		434		(1,434)		1,035		5,466		10,679
Cash Flow Statements
Cash flows (used in) provided by operating activities		(11,737)		93		17,497		(4,097)		18,712		31,000
Cash flows used in investing activities		(4,495)		(6,597)		(8,054)		(7,484)		(13,107)		(6,725)
Cash flows (used in) provided by financing activities		—		(657)		—		(786)		—		—
Exchange differences on cash and cash equivalents in foreign currencies		—		(435)		—		(424)		—		—
Beginning balance of cash and cash equivalents		36,169		17,433		26,726		30,224		21,122		5,949
Ending balance of cash and cash equivalents		19,937		9,837		36,169		17,433		26,727		30,224

Disclosure of Deferred Income Other Than Contract Liabilities [Table Text Block]

gsm_DisclosureOfDeferredIncomeOtherThanContractLiabilitiesTableTextBlock


		2025		2024
		US$'000		US$'000
Carbon dioxide emissions allowances		17,581		4,271
Government grants		8,813		3,743
Total		26,394		8,014

Carbon Dioxide Emissions Allowances

gsm_CarbonDioxideEmissionsAllowances

$ 17,581,000

Carbon Dioxide Emissions Allowances

gsm_CarbonDioxideEmissionsAllowances

$ 4,271,000

Disclosure Showing Breakdown Of Non Current And Current Provisions [Table Text Block]

gsm_DisclosureShowingBreakdownOfNonCurrentAndCurrentProvisionsTableTextBlock


		2025						2024
		Non- Current		Current		Total		Non- Current		Current		Total
		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000
Environmental provisions		185		711		896		163		1,448		1,611
Provisions for litigation in progress		178		3,162		3,340		19		2,184		2,203
Provisions for third-party liabilities		7,963		—		7,963		8,263		—		8,263
Provisions for Carbon dioxide emissions allowances		12,436		72,329		84,765		6,276		66,045		72,321
Provision for restructuring costs		—		1,535		1,535		—		5,735		5,735
Other provisions		9,725		9,571		19,296		9,663		7,720		17,383
Total		30,487		87,308		117,795		24,384		83,132		107,516

Disclosure Showing Changes In Provisions [Table Text Block]

gsm_DisclosureShowingChangesInProvisionsTableTextBlock

The changes in each respective subcategory of provisions in 2025 and 2024 were as follows:


				Provisions for		Provisions for		Provisions for		Provisions for
		Environmental		Litigation		Third		Carbon Dioxide Emissions		Restructuring		Other
		Provisions		in Progress		Party Liabilities		Allowances		Costs		Provisions		Total
		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000
Balance at January 1, 2024		2,083		7,913		10,596		90,471		15,243		16,421		142,727
Charges for the year		—		1,705		476		72,427		—		3,221		77,829
Provisions reversed with a credit to income		—		(2,803)		—		—		(4,422)		(1,359)		(8,584)
Amounts used		(328)		(6,644)		(247)		(84,621)		(4,248)		(314)		(96,402)
Remeasurement through other comprehensive income (loss)		—		—		(1,942)		—		—		—		(1,942)
Exchange differences and others		(144)		2,032		(620)		(5,956)		(838)		(586)		(6,112)
Balance at December 31, 2024		1,611		2,203		8,263		72,321		5,735		17,383		107,516
Charges for the year		—		2,887		365		77,518		—		3,702		84,472
Provisions reversed with a credit to income		(533)		(318)		—		—		(1,307)		(2,881)		(5,039)
Amounts used		(339)		(1,874)		(396)		(74,052)		(3,627)		(222)		(80,510)
Remeasurement through other comprehensive income (loss)		—		—		(1,346)		—		—		—		(1,346)
Exchange differences and others		157		442		1,077		8,978		734		1,314		12,702
Balance at December 31, 2025		896		3,340		7,963		84,765		1,535		19,296		117,795

Increase Decrease In Other Provisions Through Remeasurement Through Other Comprehensive Income Loss

gsm_IncreaseDecreaseInOtherProvisionsThroughRemeasurementThroughOtherComprehensiveIncomeLoss

$ (1,942,000)

Increase Decrease In Other Provisions Through Remeasurement Through Other Comprehensive Income Loss

gsm_IncreaseDecreaseInOtherProvisionsThroughRemeasurementThroughOtherComprehensiveIncomeLoss

(1,942,000)

Increase Decrease In Other Provisions Through Remeasurement Through Other Comprehensive Income Loss

gsm_IncreaseDecreaseInOtherProvisionsThroughRemeasurementThroughOtherComprehensiveIncomeLoss

(1,346,000)

Increase Decrease In Other Provisions Through Remeasurement Through Other Comprehensive Income Loss

gsm_IncreaseDecreaseInOtherProvisionsThroughRemeasurementThroughOtherComprehensiveIncomeLoss

(1,346,000)

Settlement Paid By Company

gsm_SettlementPaidByCompany

2,675,000

Settlement Paid By Company

gsm_SettlementPaidByCompany

$ 3,640,000

Disclosure Showing Breakdown of Noncurrent and Current Pension Provision [Table Text Block]

gsm_DisclosureShowingBreakdownOfNoncurrentAndCurrentPensionProvisionTableTextBlock


		2025				2024
		Non- Current	Current	Total		Non- Current	Current	Total
		US$'000	US$'000	US$'000		US$'000	US$'000	US$'000
France		18,881	—	18,881		17,742	—	17,742
Canada		5,036	186	5,222		5,181	168	5,349
Others		4,986	—	4,986		4,695	—	4,695
Total provisions for pensions		28,903	186	29,089		27,618	168	27,786

Number Of Defined Benefit Plans

gsm_NumberOfDefinedBenefitPlans

Disclosure Of Benefit Obligations And Funded Status [Table Text Block]

gsm_DisclosureOfBenefitObligationsAndFundedStatusTableTextBlock

2025

2024

Post-

Pension

retirement

Pension

retirement

Plans

Total

Plans

Total

US$'000

Benefit obligation

19,228

5,248

24,476

18,479

5,326

23,805

Fair value of plan assets

(19,254)

—

(19,254)

(18,456)

—

(18,456)

Provision for pensions

(26)

5,248

5,222

5,326

5,349

Defined Benefit Plan Interest Income On Plan Assets

gsm_DefinedBenefitPlanInterestIncomeOnPlanAssets

$ 887,000

Defined Benefit Plan Interest Income On Plan Assets

gsm_DefinedBenefitPlanInterestIncomeOnPlanAssets

806,000

Increase Decrease In Defined Benefit Plan Assets Due To Actuarial Differences

gsm_IncreaseDecreaseInDefinedBenefitPlanAssetsDueToActuarialDifferences

(158,000)

Increase Decrease In Defined Benefit Plan Assets Due To Actuarial Differences

gsm_IncreaseDecreaseInDefinedBenefitPlanAssetsDueToActuarialDifferences

728,000

Ifrs Defined Benefit Plan, Benefits Paid

gsm_IfrsDefinedBenefitPlanBenefitsPaid

1,118,000

Ifrs Defined Benefit Plan, Benefits Paid

gsm_IfrsDefinedBenefitPlanBenefitsPaid

1,045,000

IFRS Defined Benefit Plan, Plan Assets, Contributions by Plan Participant

gsm_IfrsDefinedBenefitPlanPlanAssetsContributionsByPlanParticipant

9,000

IFRS Defined Benefit Plan, Plan Assets, Contributions by Plan Participant

gsm_IfrsDefinedBenefitPlanPlanAssetsContributionsByPlanParticipant

11,000

IFRS Defined Benefit Plan, Plan Assets, Contributions by Employer

gsm_IfrsDefinedBenefitPlanPlanAssetsContributionsByEmployer

356,000

IFRS Defined Benefit Plan, Plan Assets, Contributions by Employer

gsm_IfrsDefinedBenefitPlanPlanAssetsContributionsByEmployer

385,000

Increase Decrease In Defined Benefit Plan Assets Due To Other

gsm_IncreaseDecreaseInDefinedBenefitPlanAssetsDueToOther

(116,000)

Increase Decrease In Defined Benefit Plan Assets Due To Other

gsm_IncreaseDecreaseInDefinedBenefitPlanAssetsDueToOther

(138,000)

Increase Decrease In Defined Benefit Plan Assets, Due To Exchange Differences

gsm_IncreaseDecreaseInDefinedBenefitPlanAssetsDueToExchangeDifferences

938,000

Increase Decrease In Defined Benefit Plan Assets, Due To Exchange Differences

gsm_IncreaseDecreaseInDefinedBenefitPlanAssetsDueToExchangeDifferences

$ (1,522,000)

Disclosure Showing Percentage Breakdown Of Plan Assets [Table Text Block]

gsm_DisclosureShowingPercentageBreakdownOfPlanAssetsTableTextBlock


	2025		2024
Cash	—	%	—	%
Equity Mutual Funds	12	%	26	%
Fixed Income Securities	41	%	25	%
Assets held by insurance company	47	%	49	%
Total	100	%	100	%

Disclosure Of Aggregate Fair Value Of Plan Assets As Percentage

gsm_DisclosureOfAggregateFairValueOfPlanAssetsAsPercentage

100.00%

Disclosure Of Aggregate Fair Value Of Plan Assets As Percentage

gsm_DisclosureOfAggregateFairValueOfPlanAssetsAsPercentage

100.00%

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 121,151,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

70,500,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

100,000,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

62,334,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 100,000,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 350,000,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 21,200,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 100,000,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 350,000,000

ifrs Line of credit facility, maximum borrowing capacity

gsm_IfrsLineOfCreditFacilityMaximumBorrowingCapacity

$ 18,500,000

gsm_IfrsDebtInstrumentTerm

5 years

gsm_IfrsDebtInstrumentTerm

6 years

gsm_IfrsDebtInstrumentTerm

5 years

Threshold Of Capital Leases Under Debt Instrument

gsm_IfrsDebtInstrumentTerm

6 years

gsm_ThresholdOfCapitalLeasesUnderDebtInstrument

$ 7,500,000

Debt Covenant Maximum Fixed Charge Ratio

gsm_DebtCovenantMaximumFixedChargeRatio

1.00%

Letter of Credit, Payment Deferral, Maximum Period

gsm_LetterOfCreditPaymentDeferralMaximumPeriod

60 days

Disclosure Of Detailed Information About Borrowings By Currency [Table Text Block]

gsm_DisclosureOfDetailedInformationAboutBorrowingsByCurrencyTableTextBlock


		2025
		Non-Current		Current
		Principal		Principal
		Amount		Amount		Total
		US$'000		US$'000		US$'000
Borrowings in USD		32,230		—		32,230
Borrowings in EUR		27,906		62,266		90,172
Borrowings in other currencies		—		17,610		17,610
Total		60,136		79,876		140,012


		2024
		Non-Current		Current
		Principal		Principal
		Amount		Amount		Total
		US$'000		US$'000		US$'000
Borrowings in USD		13,230		18		13,248
Borrowings in EUR		681		43,233		43,914
Total		13,911		43,251		57,162

Disclosure Of Detailed Information About Noncurrent Borrowings By Maturity [Table Text Block]

gsm_DisclosureOfDetailedInformationAboutNoncurrentBorrowingsByMaturityTableTextBlock


		2025
		2026		2027	2029		2030	2031	2032	Total
		US$'000		US$'000	US$'000		US$'000	US$'000	US$'000	US$'000
Credit facilities		14,019		19,000	—		—	—	—	33,019
Borrowings from supplier factoring facility		36,856		—	—		—	—	—	36,856
Other loans		29,001		—	13,230		3,231	21,150	3,525	70,137
Total		79,876		19,000	13,230		3,231	21,150	3,525	140,012

Disclosure Of Lease Obligations [Table Text Block]

gsm_DisclosureOfLeaseObligationsTableTextBlock

Lease liabilities as of December 31 are as follows:

2025

2024

Non-

 

Current

 

Current

 

Total

 

Current

 

Current

 

Total

US$'000

Tolling agreement lease liability

25,233

2,741

27,974

32,009

3,463

35,472

Other leases

32,196

9,513

41,709

24,576

9,404

33,980

Total

57,429

12,254

69,683

56,585

12,867

69,452

Miscellaneous Non-current other leases

gsm_MiscellaneousNonCurrentOtherLeases

$ 32,196,000

Miscellaneous Non-current other leases

gsm_MiscellaneousNonCurrentOtherLeases

24,576,000

Miscellaneous current other leases

gsm_MiscellaneousCurrentOtherLeases

9,513,000

Miscellaneous current other leases

gsm_MiscellaneousCurrentOtherLeases

9,404,000

Miscellaneous Current and Non-current Other leases

gsm_MiscellaneousCurrentAndNonCurrentOtherLeases

41,709,000

Miscellaneous Current and Non-current Other leases

gsm_MiscellaneousCurrentAndNonCurrentOtherLeases

$ 33,980,000

Disclosure Of Impact Of Adoption On Financial Statements

gsm_DisclosureOfImpactOfAdoptionOnFinancialStatements


		2025		2024
		US$'000		US$'000
Balance at January 1,		(69,452)		(66,250)
Additions		(14,671)		(17,486)
Lease modification		12,161		—
Disposals and other		330		224
Interest		(5,906)		(5,935)
Lease payments		16,185		16,201
Exchange differences		(8,330)		3,794
Balance at December 31,		(69,683)		(69,452)

Addition To Lease Liabilities

gsm_AdditionToLeaseLiabilities

$ 14,671,000

Addition To Lease Liabilities

gsm_AdditionToLeaseLiabilities

17,486,000

Lease Liabilities, Disposals And Other

gsm_LeaseLiabilitiesDisposalsAndOther

330,000

Lease Liabilities, Disposals And Other

gsm_LeaseLiabilitiesDisposalsAndOther

224,000

Interest Expense On Lease Liabilities (SOFP)

gsm_InterestExpenseOnLeaseLiabilitiesSofp

5,906,000

Interest Expense On Lease Liabilities (SOFP)

gsm_InterestExpenseOnLeaseLiabilitiesSofp

5,935,000

Lease payments

gsm_LeasePayments

16,185,000

Lease payments

gsm_LeasePayments

16,201,000

Lease Liabilities, Gain (Loss) On Currency Translation

gsm_LeaseLiabilitiesGainLossOnCurrencyTranslation

8,330,000

Lease Liabilities, Gain (Loss) On Currency Translation

gsm_LeaseLiabilitiesGainLossOnCurrencyTranslation

$ (3,794,000)

Weighted average Incremental Borrowing Rate Excluding Tolling Agreement Liability

gsm_WeightedAverageIncrementalBorrowingRateExcludingTollingAgreementLiability

7.31%

Lease Balance Sheet Disclosure [Table Text Block]

gsm_LeaseBalanceSheetDisclosureTableTextBlock


		2025		2024
		US$'000		US$'000
Non-current assets (Note 8)
Leased land and buildings		34,859		28,436
Leased plant and machinery		58,497		51,524
Accumulated depreciation		(52,955)		(46,286)

Non-current liabilities
Lease liabilities		(57,429)		(56,585)

Current liabilities
Lease liabilities		(12,254)		(12,867)

Lease Operations Information Disclosure [Table Text Block]

gsm_LeaseOperationsInformationDisclosureTableTextBlock


		2025		2024
		US$'000		US$'000
Depreciation and amortization charges
Depreciation of right-of-use assets		6,669		3,746

Finance costs
Interest expense on lease liabilities		5,906		5,935

Exchange differences
Currency translation losses on lease liabilities		(8,330)		3,794
Currency translation gains on right-of-use assets		2,902		(1,055)

Lease Cash Flow Information Disclosure [Table Text Block]

gsm_LeaseCashFlowInformationDisclosureTableTextBlock


		2025		2024
		US$'000		US$'000
Payments for:
Principal		10,279		10,266
Interest		5,906		5,935

Principal Payments of lease liabilities

gsm_PrincipalPaymentsOfLeaseLiabilities

$ 10,279,000

Principal Payments of lease liabilities

gsm_PrincipalPaymentsOfLeaseLiabilities

10,266,000

Payments Of Interest On Lease Liabilities

gsm_PaymentsOfInterestOnLeaseLiabilities

5,906,000

Payments Of Interest On Lease Liabilities

gsm_PaymentsOfInterestOnLeaseLiabilities

$ 5,935,000

Percentage Of Interest Of Subsidiary Sold

gsm_PercentageOfInterestOfSubsidiarySold

100.00%

Number of Hydroelectric Power Plants Transferred

gsm_NumberOfHydroelectricPowerPlantsTransferred

Increase Decrease In Lease Obligation Due To Modification

gsm_IncreaseDecreaseInLeaseObligationDueToModification

$ (12,161,000)

Percentage Reduction of Future Variable Lease Payments.

gsm_PercentageReductionOfFutureVariableLeasePayments.

33.00%

Disclosure Of Detailed Information About Debt Instruments [Text Block]

gsm_DisclosureOfDetailedInformationAboutDebtInstrumentsTextBlock

Debt instruments comprise the following at December 31:


		2025		2024
		US$'000		US$'000
Debt instruments carried at amortized cost:
Commercial Paper		26,014		10,135
Total		26,014		10,135

Amount due for settlement within 12 months		26,014		10,135
Amount due for settlement after 12 months		—		—
Total		26,014		10,135

Unit Denomination Per Commercial Paper

gsm_UnitDenominationPerCommercialPaper

$ 100,000

Unit Denomination Per Commercial Paper

gsm_UnitDenominationPerCommercialPaper

$ 117,500

Unit Denomination Per Commercial Paper

gsm_UnitDenominationPerCommercialPaper

$ 100,000

Flexible Borrowing Period

gsm_FlexibleBorrowingPeriod

12 months

Number Of Commercial Paper Issued

gsm_NumberOfCommercialPaperIssued

444

Number Of Commercial Paper Issued

gsm_NumberOfCommercialPaperIssued

Repayment Of Call Premium

gsm_RepaymentOfCallPremium

$ 4,075,000

Number Of Loan Installments Payable

gsm_NumberOfLoanInstallmentsPayable

Number Of Loan Installments Payable

gsm_NumberOfLoanInstallmentsPayable

Borrowings Term Grace Period

gsm_BorrowingsTermGracePeriod

3 years

Exception To Restriction Of Payment Of Intercompany Net Commercial balance As of June 30 2021

gsm_ExceptionToRestrictionOfPaymentOfIntercompanyNetCommercialBalanceAsOfJune302021

$ 20,000,000

Percentage Of Ownership Interest Ceases To Exist, Triggers Early Repayment Of Loan

gsm_PercentageOfOwnershipInterestCeasesToExistTriggersEarlyRepaymentOfLoan

51.00%

Percentage Of Ownership Interest Ceases To Exist, Triggers Early Repayment Of Loan

gsm_PercentageOfOwnershipInterestCeasesToExistTriggersEarlyRepaymentOfLoan

35.00%

Percentage Of Ownership Interest Ceases To Exist, Triggers Early Repayment Of Loan

gsm_PercentageOfOwnershipInterestCeasesToExistTriggersEarlyRepaymentOfLoan

100.00%

Debt Instrument, Threshold Amount Of Default On Payment Obligations

gsm_DebtInstrumentThresholdAmountOfDefaultOnPaymentObligations

$ 2,500,000

Debt Instrument, Threshold Amount Of Default On Payment Obligations

gsm_DebtInstrumentThresholdAmountOfDefaultOnPaymentObligations

$ 2,700,000

Debt Instrument, Threshold Amount of Default On Payment Obligations On Commercial Non Financial Nature

gsm_DebtInstrumentThresholdAmountOfDefaultOnPaymentObligationsOnCommercialNonFinancialNature

$ 2,500,000

Debt Instrument, Threshold Amount of Default On Payment Obligations On Commercial Non Financial Nature

gsm_DebtInstrumentThresholdAmountOfDefaultOnPaymentObligationsOnCommercialNonFinancialNature

$ 2,700,000

Debt Instrument, Threshold Amount Of Default On Payment Obligations With Creditors

gsm_DebtInstrumentThresholdAmountOfDefaultOnPaymentObligationsWithCreditors

$ 5,000,000

Debt Instrument, Threshold Amount Of Default On Payment Obligations With Creditors

gsm_DebtInstrumentThresholdAmountOfDefaultOnPaymentObligationsWithCreditors

$ 5,500,000

Disclosure Of Derivative Financial Instruments In Statement Of Financial Position [Table Text Block]

gsm_DisclosureOfDerivativeFinancialInstrumentsInStatementOfFinancialPositionTableTextBlock

The net value of the energy agreements as of December 31, 2025 and 2024 is presented in the consolidated statements of financial position as follows:

2025

Other financial
assets (Note 9)

Other financial
liabilities (Note 20)

Non-

 

Current

 

Current

Total

Current

 

Current

Total

Derivative not designated as hedging instruments

3,079

—

3,079

(38,341)

—

(38,341)

Power Purchase agreements

3,079

—

3,079

—

EDF energy contract

(38,341)

(38,341)

Derivative designated as hedging instruments

—

(6,857)

—

(6,857)

Power Purchase agreements

(6,857)

—

(6,857)

Total

3,079

—

3,079

(45,198)

—

(45,198)

2024

Other financial
assets (Note 9)

Other financial
liabilities (Note 19)

Non-

 

Current

 

Current

Total

Current

 

Current

Total

Derivative not designated as hedging instruments

4,707

4,776

—

(13)

Derivative designated as hedging instruments

293

—

293

(1,086)

(842)

(1,928)

Total

5,000

5,069

(1,086)

(855)

(1,941)

gsm_NumberOfPurchasePriceAgreements

gsm_NumberOfPurchasePriceAgreements

gsm_NumberOfPurchasePriceAgreements

gsm_NumberOfPurchasePriceAgreements

gsm_NumberOfPurchasePriceAgreements

Hedging Instrument Liabilities Valuation Day 1 Difference Deferred.

gsm_NumberOfPurchasePriceAgreements

gsm_HedgingInstrumentLiabilitiesValuationDay1DifferenceDeferred.

$ 2,096,000

Hedging Instrument Liabilities Valuation Day 1 Difference Deferred.

gsm_HedgingInstrumentLiabilitiesValuationDay1DifferenceDeferred.

590,000

Hedging Instrument Liabilities Valuation Day 1 Difference Deferred.

gsm_HedgingInstrumentLiabilitiesValuationDay1DifferenceDeferred.

898,000

Purchase Power Agreements Valuation Day 1 Difference Deferred

gsm_PurchasePowerAgreementsValuationDay1DifferenceDeferred

13,293,000

Purchase Power Agreements Valuation Day 1 Difference Deferred

gsm_PurchasePowerAgreementsValuationDay1DifferenceDeferred

$ 18,886,000

Disclosure Of Information About Key Assumptions Used To Estimated Fair Value Of Derivative Instrumnents

gsm_DisclosureOfInformationAboutKeyAssumptionsUsedToEstimatedFairValueOfDerivativeInstrumnents


		2025
Energy Price ($/MWh)		63-72
Cap Volatility		25.4	%

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

0.254

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

2,629

Significant Unobservable Inputs Derivative Financial Instruments

gsm_SignificantUnobservableInputsDerivativeFinancialInstruments

5,852

Disclosure Of Purchase Commitments For Each PPA Table Text Block

gsm_DisclosureOfPurchaseCommitmentsForEachPpaTableTextBlock


	2025
	Less than 1 year	Between 1-2 years	Between 2-5 years	After 5 years	Total
Total purchase commitments (MWh)	178,248	164,782	861,452	2,109,705	3,314,187

gsm_PurchaseCommitments

178,248

gsm_PurchaseCommitments

164,782

gsm_PurchaseCommitments

861,452

gsm_PurchaseCommitments

2,109,705

gsm_PurchaseCommitments

3,314,187

gsm_PurchaseCommitments

3,627,032

gsm_PurchaseCommitments

3,646,180

gsm_PurchaseCommitments

9,023,577

gsm_PurchaseCommitments

8,250,000