Prince to acquire Eramet’s manganese chemicals business

By Myles McCormick
Published: Tuesday, 13 December 2016

Investment group to take over the French miner’s downstream manganese products business, Erachem, while Eramet will retain its manganese ore mining subsidiary.

PMHC II Inc., the parent company of Prince International Corp. will purchase Erachem Manganese Chemicals from French miner the Eramet Group.

Erachem, which is being sold at a price of $190m, supplies a wide range of manganese salts and oxides globally, operating five processing plants across the US, Belgium, China and...

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