Plansee Expands Into Chile

Published: April 5, 2011; 07:20 · (Vindobona)

The Austrian Plansee Group acquires minority ownership of the Chilean company Molibdenos y Metales S.A.

Plansee Expands Into Chile / Picture: © Flickr

The Plansee Group, a company producing powder metallurgical products made from high performance materials such as molyb-denum and tungsten, has taken over 7 percent of the shares in form of a block deal of the Chilean company Molibdenos y Metales S.A. (Molymet). Molymet is the worldwide leading processor of molybdenum ore concentrates.

"This investment is a first step to secure…

This article includes a total of 222 words.

or Log In

Fast News Search