Fluor Gains Sole Ownership of Lead Producer

Fluor Corp. said Thursday that it completed purchase of the remaining 42.5% interest in the Doe Run Co. for $125 million, making it sole owner of North America’s largest lead-producing firm.

Fluor previously announced its intention to buy out the interest of San Francisco-based Homestake Mining Co., its partner in lead mining and smelting since 1986.

Doe Run, based in St. Louis, supplies about 60% of the lead marketed in the United States.