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Elementis - Sale of chromium in coming weeks could rerate shares

September 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ELM
  • Price:
  • 109p
Elementis (ELM; 109p) is a speciality chemicals group and owns its own hectorite and talc mines. It has the world’s second largest talc mine in Finland and the only commercial mine for hectorite in California, which is sufficiently high grade to be used in personal care products and paints.  Chances are that if I told you a typical car has 16kg of talc in it, or that your deodorant contains hectorite, you might wonder what I am talking about. But for a huge range of products, such “rheology additives and modifiers” determine how a product performs - talc, for instance, changes the properties of polymers used in car bodies and hectorite stops the nozzle clogging when you spray on your antiperspirant deodorant.Founded 177 years ago a ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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