Industrial Minerals


MTI sees five-fold profits boost

30 July 2010

by Mark Watts

Minerals Technologies reports stronger Q2 on refractories, PCC sales recovery

Keywords: Minerals Technologies, MTI, Minteq, refractories, calcium carbonate, talc

Minerals Technologies Inc. (MTI), reported a five-fold increase in profit for Q2 as demand recovered across the business, the US minerals producer said.

Operating profit rose to $27.5m. compared with $5.5m. in the same period last year, while group sales rose 23% to $255.8m....