Ceramic Industry

Rio Tinto Announces Talc Price Adjustment

June 15, 2011

Rio Tinto Minerals has announced a 5% price increase for talc products from its Montana, Vermont and Canadian operations, effective July 15. The increase reportedly aims to offset the effects of a continuous rise in energy and fuel costs directly related to mining, processing, packaging, and transportation.

“We have a strong track record of improving operating efficiencies, and these efforts will continue,” said Kent Cutler, vice president, Sales–Americas. “At the same time, it is essential that we adjust our pricing to offset cost increases beyond our control in order to maintain the service levels and product quality that make a difference to our customers.”

For more information, visit www.riotinto.com.