RHI and Magnesita agree to merge

By Davide Ghilotti
Published: Thursday, 06 October 2016

The new company to be set up, RHI Magnesita, will have a foothold in Europe and Latin America and control the sourcing of key raw materials - such as magnesite-based DMB, CCM and DBD - used in refractory production, ensuring global supply with over 50 facilities.

Leading refractory producers, Austria’s RHI AG and Brazil-based Magnesita GP, have agreed to a merger to create a new entity, RHI Magnesita, to be based in the Netherlands and listed on the London stock exchange.

RHI will acquire a controlling stake of Magnesita – estimated at a 46% share...

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.