Resumen de MDL, Eramet clash over titanium slag pricing prospects
The Australian company’s board is bullish about future TiO2 feedstock prices while urging its shareholders to reject Eramet’s takeover offer.
Australian mineral sands producer MDL has rejected another takeover offer valued at A$291 million ($220 million) from French metals group Eramet, citing strong price prospects for titanium slag production.
But Eramet is going ahead with its takeover attempt, which it launched in April, triggering a war of words with the board of MDL over the prospects for mineral sand prices.
