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.
- Subscribe to the JCK News Daily
- Subscribe to the JCK Special Report
- Follow JCK on Instagram: @jckmagazine
- Follow JCK on X: @jckmagazine
- Follow JCK on Facebook: @jckmagazine
