Announced

Completed

First Bauxite completed the acquisition of US Ceramics.

Synopsis

First Bauxite, a bauxite miner, agreed to acquire US Ceramics, a supplier of ceramic. Financial terms were not disclosed. “The acquisition will also permit USC to step into other market segments such as refractories, flame retardants and chemicals that can utilise the special characteristics of the low impurity FBX bauxite. The access to cheap and clean natural gas as energy source is critical to remain competitive and to avoid contaminants in some applications,” Thibault Van Stratum, FBX Executive Chairman.

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