Industrial Minerals


Tronox enters $700m loan ahead of Exxaro acquisition

09 February 2012

by Mark Watts

Titanium dioxide group says facility will help fund operations after the takeover

Keywords: Tronox, Exxaro, titanium dioxide, TiO2

US titanium dioxide (TiO2) producer Tronox Inc. has entered into a $700m loan facility to permit its acquisition of the mineral sands assets of Exxaro Resources.

The facility comprises a $550m term...