23 Sep 2026
The Canadian trade tribunal ruled that dumped Chinese forged grinding media threaten injury to Canada's domestic industry.
Tega's step-down subsidiary Moly-Cop Canada filed the complaint, and Canadian customs will now collect anti-dumping and countervailing duties. Tega bought Molycop in June 2026.
03 Jun 2026
Tega Industries completed the acquisition of Molycop on June 1, 2026, at an enterprise value of approximately USD 1.5 billion.
Tega holds 84.2% of the combined entity through its Singapore HoldCo. Post-acquisition, Tega becomes one of the world's largest grinding media suppliers for mining, serving 400+ mines across 40 countries.
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