New JV forms largest barite company in China

By
Published: Wednesday, 30 October 2013

A joint venture named Tianzhu Chemical Mining Corp. has been formed between Hao Hua Chemical Group (82%) and Rocky Mountains Industrial Development Company (18%) to mine barite for chemical and drilling-grade markets in the Tianzhu area of Guizhou, China. Rocky Wu and Ian Wilson*

Chinese barite (barytes) miner Rocky Mountains has formed a joint venture with Hao Hua Chemical Group, which could see it becoming the largest barite supplier in China with an output of 500,000 tpa.

The announcement, which was made at IM’s China’s Industrial Minerals and Markets Roundtable (see pp8-9), which...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.