Minerals business, Asia activity boost MTI's Q3 revenues

By Davide Ghilotti
Published: Monday, 06 November 2017

Strong chromite sales boosted the performance of MTI's minerals segment due to good conditions in its industrial and construction end-markets although its talc sales fell. The company will open a new precipitated calcium carbonate plant in Indonesia while it continues to focus on growing its business in Asia.

Minerals Technologies Inc (MTI) attributed higher revenues for the third quarter of this year to growing business activity in Asia and strong minerals trading.

Global sales rose 6% year on year in the third quarter to $424 million while net income attributable to MTI remained flat at $41 million, the...

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.