Filed
by Tronox Limited
Pursuant to Rule 425 of the Securities Act of 1933, as amended
Subject Company: Tronox Incorporated (File No: 001-32669)
Tronox Board Appoints Tom Casey Chief Executive Officer, Succeeding Dennis Wanlass
Company Reiterates Commitment to Acquisition of Exxaros Mineral Sands Operations
OKLAHOMA CITY, Okla., Oct. 5, 2011 /PRNewswire/ Tronox Incorporated (TROX.PK), a leading
producer and marketer of titanium dioxide pigment, today announced that Tom Casey, Tronoxs
chairman of the board, will assume the additional role of chief executive officer, effective
immediately. He succeeds Dennis Wanlass, who stepped down from this position as well as from the
Tronox Board of Directors. Wanlass will continue with the company through the close of the Exxaro
Mineral Sands transaction to help facilitate a smooth transition.
Dennis has provided Tronox with strong leadership over the past few years, and the Board
appreciates and thanks him for all of his hard work in getting the company successfully through its
restructuring process and into its current position of strength, said Casey. Tronox has built a
strong foundation and has an excellent platform for continued growth, particularly in light of our
recently announced acquisition of Exxaros mineral sands operations. We remain highly committed to
this strategically compelling combination, which we believe will add to shareholder value, and
assures us the supply we need to grow our business and improve our margins in both the short and
long term. I look forward to continuing to work with our strong management team and Tronoxs
talented employees as we realize the long-term potential of this organization.
Commenting on the management change, Sipho Nkosi, Exxaros chief executive officer, said, We were
informed of and agreed to the change in leadership. We know Mr. Casey from our dealings with him
in our transaction and we continue to fully support Tronox. Exxaro is committed and focused on
closing the transaction to join our mineral sands business with Tronox. This combination
represents an excellent strategic fit and offers benefits to all of our stakeholders.
Casey was most recently chief executive officer of Integra Telecom. Prior to that, he was
president and chief executive officer of Current Group LLC, a clean technology hardware and
software supplier. In addition, he has served as CEO of several other public and private
companies. He also held the positions of managing director in the investment banking group at
Merrill Lynch and partner in the law firms of Skadden, Arps, Slate, Meagher and Flom and Mintz,
Levin Cohn, Ferris, Glovsky & Popeo. In addition, Casey was an attorney in the Antitrust Division,
U.S. Department of Justice and at the Federal Communications Commission.
Casey has a bachelors degree from Boston College and a law degree from George Washington
University Law School.
Tronox intends to provide additional information related to the announced transaction with Exxaro
Resources Ltd. on our web page at , on Thursday, October 6, 2011. We will issue a press release
when this information is posted. In addition, the Company will host a conference call on this
presentation at 9:00 AM Eastern on Monday, October 10, 2011. Details on the conference call will
be posted to our web page and included in the press release.
About Tronox
Headquartered in Oklahoma City, Tronox is among the largest producers and marketers of titanium
dioxide pigment globally. Titanium dioxide pigment is an inorganic white pigment used in paint,
coatings, plastics, paper and many other everyday products. The companys pigment plants, which are
located in the United States, Australia and the Netherlands, supply high-performance products to
approximately 1,100 customers in 100 countries. In addition, Tronox produces electrolytic products,
including sodium chlorate, electrolytic manganese dioxide, boron trichloride, elemental boron and
lithium manganese oxide. For information on Tronox, visit .
Contacts:
Media Contact: Robert Gibney
Direct: 405-775-5105
E-mail:
Investor Contact: Michael Smith
Direct: 405-775-5413
E-mail:
Additional Information and Where to Find It
This document does not constitute an offer to sell or the solicitation of an offer to buy any
securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such jurisdiction. In connection with the
proposed transaction involving Tronox Incorporated, Tronox Limited and Exxaro, Tronox Limited will
file with the SEC a Registration Statement that will include a proxy statement of Tronox
Incorporated that also constitutes a prospectus of Tronox Limited. Tronox Incorporated will deliver
the proxy statement/prospectus to its shareholders. Tronox Incorporated urges investors and
shareholders to read the proxy statement/prospectus regarding the proposed transaction when it
becomes available, as well as other documents filed with the SEC, because they will contain
important information. You may obtain copies of all documents filed with the SEC regarding this
transaction, free of charge, at the SECs website (http://www.sec.gov). You may also obtain
these documents, free of charge, from Tronox Incorporateds
website (http://www.tronox.com) under
the heading Investor Relations.