CellCube Completes Purchase of Pure Vanadium

CellCube Energy Storage Systems Inc of Toronto, ON has announced the completion of the acquisition of Pure Vanadium Corp (Pure). Pure is a research and technology company which holds a portfolio of licenses for the production and sale of vanadium electrolyte for the development of formulations for grid-scale electrical storage batteries. CellCube’s long-term objective is...

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Tronox Deal Slowed by U.S. Government Shutdown

Tronox Ltd of Stamford, CT has commented on its ongoing discussions with the Federal Trade Commission (FTC) seeking approval of a proposed remedy related to its acquisition of Cristal. Tronox notes that throughout the duration of the partial U.S. government shutdown, FTC personnel are not allowed to work on the file, including any further consideration...

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Tronox Proposes Sale of Ashtabula Pigment Plant to INEOS Enterprises

Tronox Ltd of Stamford, CT has filed a motion with the judge overseeing proceedings with respect to its proposed acquisition of the titanium dioxide business of the National Titanium Co Ltd (Cristal), seeking permission to present a proposed US$700 million remedy transaction. The motion outlines a proposed remedy transaction to the Federal Trade Commission (FTC)....

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Key Executives to Take Perlite Canada Private

Perlite Canada Inc of Montreal, QC has entered into an acquisition agreement pursuant to which the company’s president and CEO, Richard Barabe, and Secretary, Martin Joyal, will acquire, through a newly-formed corporation, all of the issued and outstanding common shares of the corporation (excluding those owned by the principals), at a price of CDN$0.80/share in...

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Nutrien Sells SQM Shares to Tianqi Lithium

Nutrien Ltd of Calgary, AB has closed the sale of its remaining Sociedad Quimica y Minera de Chile SA (SQM) shares to Tianqi Lithium Corp of China for gross proceeds of approximately US$4.1 billion. This is the final divestiture required by the Competition Commission of India and Ministry of Commerce in China in providing their...

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