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RHI Magnesita and Horn & Co. Group have formed a joint venture to process spent refractory material, with RHI Magnesita owning a 51% stake. The venture will combine recycling facilities in Siegen, Germany and Mitterdorf, Austria, and is expected to process around 150 ktpa of material.
“Through the combination of our recycling activities, RHI Magnesita and Horn & Co. Group will become the driving force of the circular economy in the refractory industry.”shareprices.com
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