Minerals Technologies Inc

Minerals Technologies Inc. is a U.S.-based specialty minerals company that mines, processes, and markets mineral-based products and application technologies for industrial and consumer end markets. Its business is built around vertically integrated access to mineral reserves, proprietary processing know-how, and technical service support that help customers improve product performance and manufacturing efficiency.

25,0 %

−0,9 %

−2,2 %

2.08

1.45

— Minerals Technologies Inc
%
Consumer & Specialties45% Finished mineral products and specialty mineral-based solutions sold into consumer and specialty applications.
Engineered Solutions55% Engineered mineral systems, blends, and technical services for industrial customers and process applications.
High-Temperature Technologies30% Refractory products, application equipment, and related services for steel and other high-heat industries.
Environmental & Infrastructure Products20% PFAS remediation, water treatment, building materials, and infrastructure solutions using particle surface modification.
Specialty Additives and Mineral-Based Solutions25% Calcium carbonate, bentonite blends, and other mineral additives used to improve customer formulations and processes.

MTI sells to industrial customers that need minerals as functional inputs rather than commodities, especially steel,...

  • Steel and high-temperature industrial customersprimary

    Buy refractory products, application equipment, and technical services to extend furnace life and improve productivity.

  • Foundry customersprimary

    Buy bentonite-based molding materials and blends to improve casting performance and process efficiency.

  • Environmental remediation and water treatment customerssecondary

    Buy FLUORO-SORB® and related mineral solutions to address PFAS contamination and treatment needs.

  • Paper, building materials, and specialty industrial customerssecondary

    Buy calcium carbonate, PCC, and specialty additives to improve product properties and manufacturing economics.

  • Aerospace and electronics customersemerging

    Buy carbon composites and PYROID® pyrolitic graphite for high-performance thermal and structural applications.

MTI is globally distributed, with mining reserves and processing assets in the United States and additional bentonite...

  • •U.S. is the largest market and a major source of reserves and plants
  • •International sales are coordinated through regional centers in Europe, Asia, and the Americas
  • •Bentonite reserves are located in the U.S., Australia, China, Slovakia, Turkey, and Mexico
  • •Shipping from the U.S., Turkey, and China creates freight and container exposure
  • •Local market presence supports technical service and faster customer response

MTI is focused on expanding into faster-growing markets and geographies while strengthening positions in its core...

01
Grow environmental and infrastructure solutionsshort-term

These products address PFAS and water-treatment demand and broaden MTI beyond cyclical industrial end markets.

02
Strengthen technical service-led industrial franchisesmedium-term

Application equipment and on-site support make the offering harder to replace and support pricing power.

03
Expand geographic reach and local market penetrationmedium-term

A broader international footprint reduces dependence on any one market and supports growth in emerging regions.

04
Improve capital deployment and balance sheet flexibilityshort-term

Cash generation is used for growth investment, shareholder returns, and debt reduction.

MTI is exposed to cyclical demand in steel, foundry, paper, oil and gas, and construction, so end-market slowdowns can...

high

Cyclical industrial demand

Sales depend on steel, foundry, paper, oil and gas, and construction activity, which move with broader economic conditions.

Scope
Volume and pricing pressure in core industrial segments
Materiality
high
high

Mining reserve and permit access

The business depends on continued access to bentonite and limestone reserves and related permits/leases.

Scope
Operations in the U.S., China, and Turkey
Materiality
high
high

Cybersecurity and IT disruption

The company relies on digital systems and has experienced cyber incidents, which can interrupt operations and expose data.

Scope
Manufacturing, customer data, and intellectual property
Materiality
medium
high

Legacy litigation and contingent liabilities

Talc-related asbestos claims and bankruptcy-related matters can require large reserves and cash funding.

Scope
BMI Oldco-related litigation and trust funding
Materiality
high
medium

Freight, shipping, and rail disruptions

The company ships bentonite and other products globally and may not fully recover higher logistics costs.

Scope
Container availability, rail service, and government restrictions
Materiality
medium
Revenue recognition timing
Can shift revenue and margin recognition between quarters
PCC annual volume true-ups
Can create small revenue adjustments and comparability noise
Goodwill and long-lived asset impairment
Potential non-cash charges if markets or acquired businesses underperform
Litigation and contingency accruals
Can materially affect operating income and cash needs
Allowance for credit losses
Affects receivables and other current liabilities

M2i Global, Inc.

MTWO · Wholesale-Metals & Minerals (No Petroleum)

MINERALRITE Corp

RITE · Miscellaneous Metal Ores

FTI CONSULTING, INC

FCN · Services-Management Consulting Services

Cyber Enviro-Tech, Inc.

CETI · Miscellaneous Electrical Machinery, Equipment & Supplies

FORUM ENERGY TECHNOLOGIES, INC.

FET · Oil & Gas Field Machinery & Equipment

UNITED STATES ANTIMONY CORP

UAMY · Primary Smelting & Refining of Nonferrous Metals

: 28/04/2026