Industrial Minerals


HgCapital puts talc producer Mondo Minerals up for sale

May 2011

by Mike O'Driscoll, Alex Feytis

The world’s second largest talc producer, Finland’s Mondo Minerals BV has been put up for sale by its parent of four years, London-based private equity group HgCapital.

Keywords: talc, Mondo Minerals, Finland, filler minerals, HgCapital

  • Private equity group to divest no.2 talc producer
  • CEO to step down this month
  • Indian player to make a move?

Mike O’Driscoll, Alexandra Feytis


Mondo mines talc in Finland - including the Lahnaslampi
mine in Sotkamo (pictured) - which is processed at plants
in Sotkamo, Vuonos, and Kaavi
Mondo Minerals


The world’s second largest talc producer, Finland’s Mondo Minerals BV has been put up for sale by its parent of four years, London-based private equity group HgCapital.

Mondo Minerals, has an estimated 13% share of the 6.1m. tonne global talc market with a total talc processing capacity of 800,000 tpa, supplying filler applications in the paper, plastics, adhesive, rubber and sealants markets.

Wulf-Dietrich Keller, CEO of the Amsterdam-based group, told IM: “I can confirm that our shareholder HgCapital is actively considering disposing of Mondo and is exploring this avenue.” At the time of press,...