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Befesa S.A. will acquire 100% of American Zinc Recycling's recycling assets for $450 million and invest $10 million for a minority stake in American Zinc Products, forming a joint venture. The deal creates a global leader in recycling steel mill dust.
Zinc Oxide LLC has acquired Zochem, a subsidiary of American Zinc Recycling LLC. The combined company becomes the largest zinc oxide producer in North America with expected 2017 sales of approximately $250 million.