Chemours Acquires Mining Operations of Southern Ionics Minerals
WILMINGTON, DE – The Chemours Co. announced the acquisition of Southern Ionics Minerals LLC (SIM), a minerals exploration, mining and manufacturing company headquartered in Jacksonville, Florida. SIM was a wholly owned subsidiary of Southern Ionics Inc. (SII), 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 provides Chemours with tremendous flexibility and scalability to internally source ore, nearly doubling its capacity. The acquisition includes a mineral sands processing plant in Offerman, Georgia, an existing mine site in Charlton County, Georgia, and administrative offices in Jacksonville, Florida.