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Organization and Subsidiaries | 12 Months Ended
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Dec. 31, 2018
Disclosure Of Organization and Subsidiaries [Abstract] |
Organization and Subsidiaries | 2. Organization and Subsidiaries Ferroglobe has a diversified production base consisting of production facilities across the United States, Europe, South America, South Africa and Asia. The subsidiaries of Ferroglobe as of December 31, 2018, classified by business activity, were as follows:
|  | Percentage of Ownership |  |  |  |
|  | Direct |  | Total |  | Line of Business |  | Registered
Alabama Sand and Gravel, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Alden Resources, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Alden Sales Corporation, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
ARL Resources, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
ARL Services, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Core Metals Group Holdings, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Core Metals Group, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Gatliff Services, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
GBG Holdings, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Globe Metallurgical Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Globe Metals Enterprises, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
GSM Alloys I, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
GSM Alloys II, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
GSM Enterprises Holdings, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
GSM Enterprises, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
GSM Sales, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
LF Resources, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Metallurgical Process Materials, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
Norchem, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Florida - USA
QSIP Canada ULC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Canada
Quebec Silicon General Partner |  | — |  | 51.0 |  | Electrometallurgy - North America |  | Canada
Quebec Silicon Limited Partnership |  | — |  | 51.0 |  | Electrometallurgy - North America |  | Canada
Tennessee Alloys Company, LLC |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
West Virginia Alloys, Inc. |  | — |  | 100.0 |  | Electrometallurgy - North America |  | Delaware - USA
WVA Manufacturing, LLC |  | — |  | 51.0 |  | Electrometallurgy - North America |  | Delaware - USA
Cuarzos Industriales, S.A.U. |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | A Coruña - Spain
Ferroatlántica del Cinca, S.L. (1) |  | — |  | 99.9 |  | Electrometallurgy - Europe |  | Spain
Ferroatlántica, S.A.U. (2) |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | Madrid - Spain
Ferroglobe Mangan Norge AS (1) |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | Norway
Ferroglobe Manganese France SAS (1) |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | France
FerroPem, S.A.S. |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | France
Grupo FerroAtlántica, S.A.U |  | 100 |  | 100.0 |  | Electrometallurgy - Europe |  | Madrid - Spain
Islenska Kisilfelagio EHF (Icelandic Silicon Corp.) |  | — |  | 20.1 |  | Electrometallurgy - Europe |  | Iceland
Kintuck (France) SAS (1) |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | France
Kintuck AS (1) |  | — |  | 100.0 |  | Electrometallurgy - Europe |  | Norway
Rocas, Arcillas y Minerales, S.A. |  | — |  | 66.7 |  | Electrometallurgy - Europe |  | A Coruña - Spain
Rebone Mining (Pty.), Ltd. |  | — |  | 74.0 |  | Electrometallurgy - South Africa |  | Polokwane - South Africa
Silicon Smelters (Pty.), Ltd. |  | — |  | 100.0 |  | Electrometallurgy - South Africa |  | Polokwane - South Africa
Silicon Technology (Pty.), Ltd. |  | — |  | 100.0 |  | Electrometallurgy - South Africa |  | South Africa
Thaba Chueu Mining (Pty.), Ltd. |  | — |  | 74.0 |  | Electrometallurgy - South Africa |  | Polokwane - South Africa
16 Front Street, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Actifs Solaires Bécancour, Inc |  | — |  | 100.0 |  | Other segments |  | Canada
Cuarzos Indus. de Venezuela (Cuarzoven), S.A. |  | — |  | 100.0 |  | Other segments |  | Venezuela
Emix, S.A.S. |  | — |  | 100.0 |  | Other segments |  | France
ECPI, Inc. |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
FerroAtlántica Canada Company Ltd |  | — |  | 100.0 |  | Other segments |  | Canada
Ferroatlántica de México, S.A. de C.V. |  | — |  | 100.0 |  | Other segments |  | Nueva León - Mexico
Ferroatlántica de Venezuela (FerroVen), S.A. |  | — |  | 99.9 |  | Other segments |  | Venezuela
Ferroatlántica Deutschland, GmbH |  | — |  | 100.0 |  | Other segments |  | Germany
Ferroatlántica do Brasil Mineraçao Ltda. |  | — |  | 70.0 |  | Other segments |  | Brazil
Ferroatlántica I+D, S.L.U. |  | — |  | 100.0 |  | Other segments |  | Madrid - Spain
FerroAtlántica India Private Limited |  | — |  | 100.0 |  | Other segments |  | India
FerroAtlántica International Ltd |  | — |  | 100.0 |  | Other segments |  | United Kingdom
Ferroatlántica y Cía., F. de Ferroaleac. y Metales, S.C. |  | — |  | 100.0 |  | Other segments |  | Madrid - Spain
Ferroatlántica, S.A.U. (2) |  | — |  | 100.0 |  | Other segments |  | Madrid - Spain
Ferroglobe Services (UK) PLC |  | 100 |  | 100.0 |  | Other segments |  | United Kingdom
FerroManganese Mauritania SARL |  | — |  | 90.0 |  | Other segments |  | Mauritania
Ferroquartz Company Inc. |  | — |  | 100.0 |  | Other segments |  | Canada
Ferroquartz Holdings, Ltd (Hong Kong) |  | — |  | 100.0 |  | Other segments |  | Hong Kong
FerroQuartz Mauritania SARL |  | — |  | 90.0 |  | Other segments |  | Mauritania
FerroQuébec Company Inc. |  | — |  | 100.0 |  | Other segments |  | Canada
Ferrosolar OPCO Group SL. |  | — |  | 75.0 |  | Other segments |  | Spain
Ferrosolar R&D SL. |  | — |  | 51.0 |  | Other segments |  | Spain
FerroTambao, SARL |  | — |  | 90.0 |  | Other segments |  | Burkina Faso
Ganzi Ferroatlántica Silicon Industry Company, Ltd. |  | — |  | 75.0 |  | Other segments |  | Sichuan - China
GBG Financial LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
GBG Holdings, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Globe Argentina Holdco, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Globe BG, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Globe LSE, Inc. |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Globe Metales S.R.L. |  | — |  | 100.0 |  | Other segments |  | Argentina
Globe Metallurgical Carbon, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Globe Specialty Metals, Inc. |  | 100 |  | 100.0 |  | Other segments |  | Delaware - USA
GSM Financial, Inc. |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
GSM Netherlands, BV |  | — |  | 100.0 |  | Other segments |  | Netherlands
Laurel Ford Resources, Inc. |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Mangshi FerroAtlántica Mining Indus. Serv. Ltd |  | — |  | 100.0 |  | Other segments |  | Mangshi, Dehong -Yunnan -China
Mangshi Sinice Silicon Industry Company Limited |  | — |  | 100.0 |  | Other segments |  | Mangshi, Dehong -Yunnan -China
MST Financial Holdings, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
MST Financial, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
MST Resources, LLC |  | — |  | 100.0 |  | Other segments |  | Delaware - USA
Ningxia Yonvey Coal Industrial Co., Ltd. |  | — |  | 98.0 |  | Other segments |  | China
Photosil Industries, SAS |  | — |  | 100.0 |  | Other segments |  | France
Silicio Ferrosolar, SLU |  | — |  | 100.0 |  | Other segments |  | Spain
Solsil, Inc. |  | — |  | 92.4 |  | Other segments |  | Delaware - USA
Ultra Core Polska (UCP) |  | — |  | 100.0 |  | Other segments |  | Poland
Ultracore Energy SA |  | — |  | 100.0 |  | Other segments |  | Argentina
| (1) |  | Entered into the scope of consolidation during 2018.
| (2) |  | FerroAtlántica, S.A.U. carries on business activities in both “Electrometallurgy – Europe” and “Other segments” (energy business)
Subsidiaries are all companies over which Ferroglobe has control. Control is achieved when the Company:
| · |  | has power over the investee;
| · |  | is exposed, or has rights, to variable returns from its involvement with the investee; and
| · |  | has the ability to use its power over the investee to affect the amount of the investor’s returns.
The Company has power over the investee when the voting rights are sufficient to give it the practical ability to direct the relevant activities of the investee unilaterally. The Company considers all relevant facts and circumstances in assessing whether or not the Company’s voting rights in an investee are sufficient to give it power, including:
| · |  | the total voting rights held by the Company relative to the size and dispersion of holdings of the other vote holders;
| · |  | potential voting rights held by the Company, other vote holders or other parties;
| · |  | rights arising from other contractual arrangements; and
| · |  | any additional facts and circumstances that indicate that the Company has, or does not have, the current ability to direct the relevant activities at the time these decisions need to be made, including voting patterns at previous shareholders’ meetings.
Consolidation of a subsidiary begins when the Company obtains control over the subsidiary and ceases when the Company loses control of the subsidiary. The Company uses the acquisition method to account for the acquisition of subsidiaries. According to this method, the consideration transferred for the acquisition of a subsidiary corresponds to the fair value of the assets transferred, the liabilities incurred and the equity interests issued by the Company. The consideration transferred also includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Any contingent consideration transferred by the Company is recognized at fair value at the date of acquisition. Subsequent changes in the fair value of the contingent consideration classified as an asset or a liability are recognized in accordance with IAS 39 either in the income statement or in the statement of comprehensive (loss) income. The costs related to the acquisition are recognized as expenses in the years incurred. The identifiable assets acquired and the liabilities and contingent liabilities assumed in a business combination are initially recognized at their fair value at the date of acquisition. The Company recognizes any non-controlling interest in the acquiree at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets. Profit or loss for the period and each component of other comprehensive (loss) income are attributed to the owners of the Company and to the non-controlling interests. The Company attributes total comprehensive (loss) income to the owners of the Company and to the non-controlling interests even if the profit or loss of the non-controlling interests gives rise to a balance receivable. All assets and liabilities, equity, income, expenses and cash flows relating to transactions between subsidiaries are eliminated in full in consolidation.

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