USG Names New CEO

USG Corp today announced that James S Metcalf will retire as chairman of the board, president and chief executive officer, effective Oct. 31, 2016. Mr Metcalf has served as president and chief executive officer since January 2011 and as chairman since December 2011. Jennifer F Scanlon, executive vice president, president, International and president, L&W Supply...

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PotashCorp and Agrium Agree to Combine

Agrium Inc of Calgary, AB and Potash Corporation of Saskatchewan of Saskatoon, SK have announced that they have agreed to combine in a merger of equals to create a world-class integrated global supplier of crop inputs. Under the agreement, a new company will be formed to own both companies. Following the close of the transaction,...

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Mason Graphite Raises Funds for Lac Gueret

Mason Graphite Inc of Montreal, QC has entered into an agreement with a syndicate of underwriters who have agreed to buy 27.75 million shares at CDN$1.10/share for gross proceeds of CDN$25.02 million. The company has also granted the underwriters an option to purchase up to 3.41 million additional shares at CDN$1.10/share for total gross proceeds...

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Tianqi to Build Lithium Plant in Australia

Tianqi Lithium Industries of China is set to build a AUS$400 million (US$307 million) plant in Australia which it aims to open in late 2018. The plant will take ore from the Greenbushes mine in Western Australia and produce 24,000 tonnes/year of lithium hydroxide, boosting Tianqi’s processing capacity by more than 50%. Galaxy Resources Ltd...

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