NL Industries settles Raritan Bay Slag Superfund claims; to pay $56.1M, records $31.4M Q1 income

NL INDUSTRIES INC

Consent decree approved Feb 10, 2025; NL pays $56.1M plus $0.5M interest, elects full immediate payment.
Expects $31.4M aggregate Q1 2025 income from release of accrual and receipt of $9.6M from other parties.
Settlement resolves all federal/state CERCLA and NJ Spill Act claims for past/future costs and natural resource damages.
Global settlement total $151.1M includes 22 private companies plus government entities.

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