Wednesday, July 1, 2009

Sylvania, Ruukki Group Announce Merger

Finland wood and ferrochrome stock Ruukki Group on Tuesday jointly announced a friendly merger with London- and Australia-listed Sylvania, an operator that recovers platinum group metals (PGMs) and related metals from mine waste in South Africa. Sylvania separately has bids out for Australia-based SA Metals and Great Australian, which both have PGM and other interests in South Africa.

Source: Mineweb

No comments: