Amcol to invest in chrome mine

ARLINGTON HEIGHTS -- Amcol International Corp. announced it executed a definitive agreement to acquire an interest in a chrome mine in the Republic of South Africa. Chrome ore is a feedstock used to produce chrome sand. Amcol markets chrome sand to the metal casting industry in the U.S. Amcol will purchase a 74 percent interest in the chrome mine from Chrome Corporation Limited, a publicly listed company on the Australian Stock Exchange.