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4-Traders Homepage  >  Equities  >  Nyse  >  Tronox Ltd    TROX   AU000XINEOA7

Delayed Quote. Delayed  - 08/30 10:02:01 pm
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08/24 TRONOX : Announces TiO2 Price Increases
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Tronox Ltd : Tronox Names Minelco As Primary Distributor For Zircon In China

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04/26/2013 | 03:55pm CEST

STAMFORD, Conn., April 26, 2013 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today announced that it has appointed Minelco Asia Pacific Ltd., as its primary distributor for zircon in the People's Republic of China.

(Logo: http://photos.prnewswire.com/prnh/20051118/TRONOXLOGO-a)

"China is the world's largest market for zircon ore, an essential ingredient in the production of ceramics and tiles. Through this new partnership with Minelco, we hope to expand our customer base by utilizing just-in-time deliveries to end users in various market sectors," said Trevor Arran, president, Tronox Mineral Sands Division.

Under the partnership, Minelco will maintain zircon stocks in Qingdao, as an initial distribution point, and will add other locations over time as demand increases. Tronox will continue to serve its existing customers directly, based on long-standing agreements.

Tronox mines and processes titanium ore, zircon, and other minerals in South Africa and Australia.

About Tronox

Tronox is a global leader in the production and marketing of mineral sands, titanium dioxide pigment and electrolytic products. Through the integration of its pigment and mineral sands businesses, the company provides its customers a dependable supply of brightening solutions for a variety of end uses. For more information, visit http://www.tronox.com.

Explore how Tronox's fully integrated strategy is reshaping the industry. Learn more about Tronox's bold vision.

About Minelco

Minelco Asia Pacific Ltd. has decades of experience in the mineral sands industry and over the last fifteen years has been a major supplier of zircon sand to China. Minelco Asia Pacific Ltd. is part of the Sweden based Minelco group, an international industrial minerals group with a leading position in a number of product applications. The Minelco group is the minerals division of Swedish LKAB, a world leading miner and producer of high tech iron ore products. On July 1, 2013 Minelco will change name to LKAB Minerals and together with the LKAB group build one strong global brand covering the world's industrial minerals, iron and steel industries. www.minelco.com.

Contact:
Bud Grebey
+1.203.705.3709
bud.grebey@tronox.com

SOURCE Tronox Limited

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