in this issue
World News and Views :: Top of the News
OM Group sells cobalt advanced materials business for $435 million
8:14 AM MST | January 22, 2013 | Natasha Alperowicz
OM Group said on Monday that it signed a definitive agreement to sell its advanced materials business, a leading producer of inorganic products using unrefined cobalt and other metals. The divestment to a joint venture among Freeport-McMoRan Copper & Gold, Canada’s Lundin Mining, and Congo’s state-owned mining group La Générale des Carrières et des Mines (Gécamines), is a major step in OM Group’s strategic evolution, the company says. The deal is worth up to $435 million, including an initial cash consideration of...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee