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Chemours Acquires Mining Operations of Southern Ionics Minerals

With this transaction completed, SIM becomes a wholly-owned subsidiary of The Chemours Company.

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By: Anthony Locicero

Copy Editor, New York Post, Rodman Media

The Chemours Company announced the acquisition of Southern Ionics Minerals, LLC, a minerals exploration, mining, and manufacturing company headquartered in Jacksonville, Florida.

SIM was a wholly-owned subsidiary of Southern Ionics Incorporated, a privately held inorganic chemical manufacturer based in West Point, Mississippi.

SIM mines and processes titanium and zirconium mineral sands from a similar geological formation as those produced by Chemours at the company’s existing mineral sands mine in Florida. This acquisition nearly doubles capacity. The acquisition includes a mineral sands processing plant in Offerman, Georgia, an existing mine site in Charlton County GA, and administrative offices in Jacksonville.

With this transaction completed, SIM becomes a wholly-owned subsidiary of The Chemours Company. It will be integrated into existing Chemours operations.

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