Italian fluorochemicals producer Fluorsid SpA has acquired the facilities and assets of UK fluorspar company Glebe Mines Ltd, to form a new subsidiary called British Fluorspar.
Fluorsid bought Glebe, which was put on care and maintenance in November 2010, by competitive tender on 18 May 2012 after the operation was put into receivership.
The Italian group told IM that the principal activities of British Fluorspar would be an underground operation at Milldam Mine, open pit extraction at...