Ceramic Industry

Rio Tinto Completes Divestment of Talc Business to Imerys

August 8, 2011

Rio Tinto recently announced it has completed the divestment of its talc business to Imerys for an enterprise value of $340 million. The company acknowledged receipt of the binding offer from Imerys on February 23 and subsequently accepted the offer on June 10.

The talc business has about 1000 employees at 20 locations in Europe, North America, Australia and Asia. For more information, visit www.imerys.com or www.riotinto.com.