Industrial Minerals


Exxaro targets Q2 2012 for mineral sands spinoff

04 October 2011

by Mark Watts

South African miner aims to eventually take management stake in New Tronox JV

Keywords: Exxaro, Tronox, mineral sands, minsands, ilmenite, zircon, TiO2, titanium dioxide, Namakwa Sands, KZN Sands

Exxaro expects to float its planned mineral sands joint venture, New Tronox, by the second quarter of 2012, the South African diversified miner said.

The company announced last week it would divest all of its minsands...