Lanxess sells South African chromite mine to Clover Alloys

By Davide Ghilotti
Published: Tuesday, 19 November 2019

The company will exit the South African mining business once the sale is completed, with the divestment of its chrome chemicals operation to Brother Enterprises expected to be completed by the end of the year.

Specialty chemicals company Lanxess has sold its South African chromite mine to local chrome ore producer Clover Alloys (SA) Proprietary Ltd, Lanxess said on Tuesday November 19.

The company had been trying to sell its chrome mining asset for over a year, but until recently had failed to find an...

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