Northern Graphite Corp of Ottawa, ON has announced the successful integration and sales and operating results from its recently acquired Lac des Iles, QC graphite mine in its first month of operations under Northern Graphite’s ownership. The company reports that in May, the mine shipped 1,085 tonnes and sold 965 tonnes with total revenue of US$1.54 […]
Category: Mergers/Acquisitions
Omya Reaches Agreement to Buy Kansas Agricultural Minerals Business
Omya Inc of Cincinnati, OH has reached an agreement to acquire the agricultural prills assets of MK Minerals Inc of Wathena, KS. Omya says that the acquisition will provide it with an access to the U.S. Midwest, a key agricultural production area globally. MK Minerals produces hi-calcium lime, gypsum, and dolomitic lime. Rainer Siedler, Omya’s […]
Summit Materials Sells Hinkle to CRH Americas Materials, Reports Q1 Net Loss
Summit Materials Inc of Denver, CO has announced the divestiture of Kentucky-based Hinkle Contracting Co to an affiliate of CRH Americas Materials, a subsidiary of CRH plc of Ireland. Anne Noonan, Summit’s CEO, commented, “Hinkle was among Summit’s early acquisitions and an integral part of the company’s foundational growth. Moving forward we are pleased to have […]
Johnson Matthey Sells Quebec Battery Materials Business to Nano One Materials
Nano One Materials Corp of Burnaby, BC has announced that it has entered into a binding agreement to acquire all of the outstanding shares of Johnson Matthey Battery Material Ltd (JMBM) for approximately CDN$10.25 million. JMBM Canada comprises an experienced team, including research & development, pilot to commercial scale cathode production and products qualification and quality […]
Graymont Completes Acquisition of Limestone Quarry in Perak, Malaysia
Graymont Ltd of Richmond, BC has announced the completion of the acquisition of a limestone quarry located in Perak, Malaysia from subsidiaries of NSL Chemicals Ltd. The quarry commenced production in the 1990s and is located in an area renowned for high quality limestone. John Lim, Graymont Operations Director/Southeast Asia, stated, “The acquisition reinforces Graymont’s commitment […]