Mega Mag Merger

With the rapid emergence of hi-tech applications for speciality minerals, it is easy to forget that by far one of the largest end consumers for these minerals is steel, and particularly, refractories.

This was underlined in Q4 2016 by a multi-billion dollar merger between refractory manufacturing and magnesia mining majors, RHI and Magnesita. Mike O’Driscoll looks at what this mega-deal means for the corporate landscape and the raw material supply portfolio of these two vertically integrated groups.

One could argue that last November’s announcement of the proposed merger of two of . . .

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