Rio Tinto Minerals Raises Talc Prices in North America

Rio Tinto Minerals will raise its talc prices 5%, effective July 15, 2011, for talc products from its Montana, Vermont and Canadian operations. The increase aims to offset the effects of a continuous rise in energy and fuel costs directly related to mining, processing, packaging and transportation, according to the company.

“We have a strong track record of improving operating efficiencies and these efforts will continue,” says Kent Cutler, VP-sales, Americas.“At the same time, it is essential that we adjust our pricing to offset cost increases beyond our control in order to maintain the service levels and product quality that make a difference to our customers.”