Issue Date: August 27, 2012
Rockwood To Acquire Lithium Producer
Rockwood Holdings has agreed to acquire Australia’s Talison Lithium for $732 million. Talison produces lithium concentrate at a mining facility in Western Australia and has developed plans for a downstream lithium carbonate facility. It had sales of about $90 million in the first nine months of its most recent fiscal year. Rockwood, which calls itself the world’s largest producer of lithium-based compounds, mines lithium in the U.S. and Chile and . . .
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