George Newton and Thomas Chambers were partners in the Phoenix foundry at Snow Hill,
Sheffield and along with Henry Longden, they signed a lease to extract coal and ironstone from the Thorncliffe valley. The 21-year lease was signed in December 1793 and it gave them mining rights to the Thorncliffe valley from the
Earl Fitzwilliam and set up their works on the
Thorncliffe site near
Chapeltown, to the north of Sheffield. The company built
The Thorncliffe Ironworks beside the
Blackburn Brook above the wooded valley slopes where the mining was to be carried out. The first
blast furnace was completed in April 1795 and the second in 1796. The first had a capacity of 15 tons of metal a week, while the second could produce 20 tons. The two furnaces were in operation for 78 years before being replaced in the 1870s. Around this time – for the first ten years' of the partnership's existence – interest paid on capital was limited to five per cent per annum and the working partners drew only "modest" salaries of £80 per annum. This policy was intended to encourage the growth of the business, and it certainly enabled it to survive some periods of poor trading, but by the early 19th century the practice of mostly leaving accrued profits within the business led to disputes with some
sleeping partners. In 1815 the partners met with
William Murdoch, the inventor of
coal-gas lighting, this being seen as providing a growth in work for their
foundry. Coal, from the company's mines, was provided as charge for
beehive coke ovens which were built on the site. By the end of the 19th century the company were not only mining coal and
ironstone but building blast furnaces,
coke ovens and chemical plant. Heavy section iron, cast in the foundry was used in two iconic structures:
Tower Bridge, crossing the river Thames in London, and the
Eddystone Lighthouse. During the 1890s, the company introduced its
Izal disinfectant made from distilled
coal tar. The name became well known for its use on a best-selling "medicated
toilet paper" often found in schools and public lavatories, noted for its abrasive quality. According to the radio documentary
Now Wash Your Hands, the reason for its ubiquity was because local authorities were given it as part of a bulk-purchasing agreement when ordering disinfectant. ==Second World War==