ETI consists of an ilmenite transformation plant in Norway producing titanium slag and high-purity pig iron sold to European foundries.
London – headquartered chemicals firm INEOS Enterprises announced Thursday its acquisition of Eramet Titanium & Iron has received regulatory approvals. The $245 million deal takes immediate effect.
The agreement between Eramet and INEOS Enterprises also includes a long-term supply contract for ilmenite produced by Grande Côte Opérations, the Group’s subsidiary which operates the mineral sands mine in Senegal.
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