Johnson Matthey Sells Refining Business

Johnson Matthey announced that it has agreed to divest its gold and silver refining business to Asahi Holdings for $186 million.

Johnson Matthey will retain its platinum group metals refining business, says spokesperson Sally Jones.

Tokyo-based Asahi is a metals refiner and recycler.

The transaction will close by March 2015, a statement said. 

JCK News Director