Solvay in Talks With OneIM on Rare Earths Deal
Belgian chemicals group Solvay is in discussions with One Investment Management regarding a potential strategic partnership for its rare earths business. The talks aim to boost processing capabilities amid efforts to reduce reliance on China.
Xurve View
Insights:
Xurve View
SOLVAY SA is in talks with One Investment Management over a rare earths partnership, giving the alternative manager processing exposure. Shares in the Belgium-based chemicals group rose 3% following the confirmation on Tuesday morning. The potential deal builds on OneIM's growing portfolio of rare earth investments as Western nations seek alternatives to China's dominant supply chain.
