THE SALE of Moly-Cop has wound up in accordance of the Share Sale Agreement signed in November 2016, with the grinding media giant now officially owned by private equity firm American Industrial Partners.
Moly-Cop's grinding balls.
The KordaMentha-managed sale of the Arrium Mining Consumables Division is expected to significantly boost the coffers of the investment firm given Moly-Cop’s position as the largest supplier of grinding media by sales volumes in the North and South America and Australasia regions.
Moly-Cop is also the largest supplier globally by production capacity, in the processing of copper, gold and other minerals.
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