MONTREAL – Argex Mining Inc. (Argex) has entered into a technical collaboration agreement with PPG Industries to develop and optimize PPG’s technology for titanium dioxide (TiO2) pigment for coatings applications to be produced by Argex. The collaboration is intended to make Argex’s TiO2 pigment compatible with various end-use applications for PPG.
The agreement provides for the negotiation of a purchase and supply agreement between Argex and PPG based on the successful development of the treatment technologies. Both companies have agreed to certain terms of mutual exclusivity during the negotiation period.