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Cabot Sells Tantalum Business for $400 Million

12:09 PM MDT | August 29, 2011 | —ROBERT WESTERVELT

Prevost: Cash could fund acquisitions. Cabot has agreed to sell its Supermetals unit, primarily a maker of tantalum and alloys, to Global Advanced Metals (GAM; Perth, Australia) for $400 million. GAM is a leading supplier of tantalum ore. Cabot’s...

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