Rio Tinto receives offer for talc operations

Rio Tinto has received a binding offer of US$340 million from Imerys for its talc business.

The two have agreed upon a period of exclusivity, and Rio will respond to the offer following consultation.

Rio’s talc business has around 1000 employees at 24 locations in Europe, North America and Australia.

In Australia, it operates the Three Springs talc project in Western Australia.

 

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