SMT buys stake in producer Apex Material

Jun 27, 2013 | 12:21 PM | Fleur Ritzema

Tags  SMT, Specialty Metals Trading, Apex Material Technologies, cobalt, nickel, copper, nonferrous, Dirk Uytdewilligen Lee Welgs

LONDON — Specialty Metals Trading SA (SMT) is buying a stake in Apex Material Technologies LLC.

"SMT will take a one-third share in the Chicago-based copper, nickel and cobalt recycling and production company ... effective June 30," the Brussels-based trading company said June 27. ....

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