Iluka Resources Limited to Employ Technology of Metalysis Limited

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03 Mar 2014 11:52 Valerie Rose

CHEMMONITOR.COM - Australian company Iluka Resources Limited is going to buy a stake in the UK-based metals, alloys, and rare earth metals producer and supplier, Metalysis Limited. An 18.3% interest in the company is assessed at GBP 12.2 million. Moreover, Iluka can enhance its stake in Metalysis to 20-24%.

Besides, Iluka Resources Limited will gain access to Metalysis’ state-of-the-art technology employed for titanium powder production.

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