Announcement
Matrix Chemicals Holdings Ltd reached an
agreement and completed the transaction to divest its wholly-owned subsidiary –
Matrix Metamaterials (Malaysia) SDN., BHD on April 30th, 2024 to
Guzman Minerals SLU. This action will
strengthen Guzman’s global zircon position as well as represent an important footprint in Asia for
its diversified customer base and product portfolio.
Matrix shall continue its focus in China and to
pursue diversification of its portfolio, horizontally and vertically with
mineral sands. Matrix shall further
enhance its high technology materials portfolio, such as its
Metal-Injection-Molding (MIM) business globally.
Lincoln Ying
CEO and Chairman
Matrix Group of Companies
