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GAM Deal to Buy US Company
Aug. 30, 2011 10:21AM PST
Tantalum InvestingDonnybrook-Bridgetown Mail reports Global Advanced Metals is buying Cabot Corp’s (NYSE:CBT) Supermetals business.
Donnybrook-Bridgetown Mail reports Global Advanced Metals is buying Cabot Corp’s (NYSE:CBT) Supermetals business.
The market news is quoted as saying,
GAM is a global leader in tantalum concentrate (tantalum pentoxide) production. Its operations at its Wodgina, near Port Hedland, and Greenbushes plant contain the world’s largest known resources of tantalum ore.
However the deal will have no immediate implications for Greenbushes processing plant, a company spokesman said at the weekend.
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