Tronox Receives Approvals from FTC for Cristal Acquisition

Tronox Holdings plc of Stamford, CT has completed its acquisition of the titanium dioxide business of The National Titanium Dioxide Co Ltd (Cristal) of Saudia Arabia. The U.S. Federal Trade Commission (FTC) issued an Order and Decision earlier this month, allowing the transaction to proceed with the divestiture of Cristal’s North American titanium dioxide business...

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Nouveau Monde Graphite Enters Agreement with Pallinghurst Graphite

Pallinghurst Graphite Ltd of England has entered into a subscription agreement with Nouveau Monde Graphite Inc of Gatineau, QC to purchase about 43.8 million common shares at a price of CDN$0.235 per share for a total investment of CDN$10.3 million in a private placement. Following closing of the transaction, Pallinghurst will have control over the...

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Rio Tinto Approves Richards Bay Expansion

Rio Tinto plc of England has approved a US$463 million investment at 74%-owned Richards Bay Minerals’ (RBM) Zulti South project in South Africa. The investment is designed to sustain RBM’s current capacity and extend mine life. Construction is scheduled to start in mid-2019, subject to the granting of all necessary permits, with first commercial production...

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Piedmont Lithium Updates Mineral Resource Estimate

Piedmont Lithium Ltd of New York, NY reports that it is on schedule to update its Mineral Resource estimate and scoping study near mid-year for its proposed lithium project in North Carolina. The company expects to receive required permits and regulatory approvals by year-end and to complete a definitive feasibility study by year-end. Keith D...

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Innord Completes Pilot for Recycling Permanent Magnets

GeoMegA Resources Inc of Montreal, QC announces that Innord Inc, a private company controlled by GeoMegA, has completed the construction and full operation of its lab-scale pilot unit for recycling and processing rare earth permanent magnets. The mini-pilot includes: a grinding/sieving section; the ISR reactor and associated filtration units; the major reagent recovery and recycling...

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