# Tronox to acquire Eramet's Norwegian titanium smelting facility for $300M

Tronox Holdings agreed to acquire the TiZir Titanium and Iron business from Eramet for approximately $300 million. The facility in Tyssedal, Norway, produces 230,000 tonnes of titanium slag and 90,000 tonnes of pig iron annually.

- Type: Acquisition
- Announced: 2020-05-15
- Where: Tyssedal, Norway, Norway
- Value: $300.0M
- Status: announced
- Capacity: 230,000 tonnes titanium slag and 90,000 tonnes pig iron per year
- Products: titanium slag, high-purity pig iron
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tronox](https://endata.com/companies/23239.md) (acquirer)
- [ERAMET](https://endata.com/companies/24244.md) (target)

## Sources

- [nsenergybusiness.com](https://www.nsenergybusiness.com/news/tronox-to-acquire-eramets-norwegian-titanium-smelting-facility-for-300m/), 2020-05-15: "Tronox Holdings, a manufacturer of titanium dioxide pigment, has agreed to acquire the TiZir Titanium and Iron (TTI) business from French mining and metallurgy firm Eramet for approximately $300m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.