According to the American chemical weekly report, the Tronox company said its shareholders, has approved the takeover of the ore business of EXXARO Resources. The company plans to combine the acquisition with the current business of Tronox Australia's business holding company's Co., LTD.

According to purchase terms, EXXARO Resources will get about 38.5% of the voting stock of Tronox company and the ore business based on free from debt will develop. After the deal is completed, the company will  employ 3500 staff in 16 countries, including the United States, South Africa, Australia and the Netherlands. In all the remaining conditions are met,  Tronox company will close the deal as soon as possible in the practical and feasible range, including some regulatory approval.

The company headquarter is located in  Oklahoma city, which is one of the world's five big manufacturing and marketers of titanium dioxide pigments.