v3.25.2
Related Parties (Tables)
 6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table shows the outstanding balance of the Tronox Loans, which at June 30, 2025 and December 31, 2024, is recorded on the unaudited Condensed Consolidated Balance Sheet in "Prepaid and other assets:"
June 30, 2025December 31, 2024
Principal balance—22
Accrued interest income balance—4
Total outstanding balance—26
The following table shows the interest income earned on the Tronox Loans, which is recorded in "Interest income" on our unaudited Condensed Consolidated Statement of Operations:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Interest income— 1— 2
The following table shows the amount of feedstock purchased from the Slagger, which is subsequently recorded in "Cost of goods sold" on our unaudited Condensed Consolidated Statement of Operations:
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Settled as in-kind repayment of Tronox Loans— 14 10 30 
Settled in cash14 8 20 16 
Total chloride slag purchases14 22 30 46 
The following table shows the amounts due to AMIC at period-end regarding feedstock purchased from the Slagger, which are recorded in "Accrued liabilities" on our unaudited Condensed Consolidated Balance Sheet:
June 30, 2025December 31, 2024
Amount due to AMIC for slag purchases9 6 
The note payable is recorded within "Long-term debt, net" and "Long-term debt due within one year" on the unaudited Condensed Consolidated Balance Sheet.
June 30, 2025December 31, 2024
Note payable, due within 1 year77
Note payable, due longer than 1 year from now912
Total outstanding note payable1619

Amounts regarding loan repayments for the MGT loan, which are recorded on the unaudited Condensed Consolidated Statement of Operations within “Net sales,” are shown below:
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Interest expense1 1 1 1 
Loan Repayment via MGT delivered to ATTM1133
As a result of these transactions we have entered into related to the MGT assets, Tronox purchases chlorine gas from ATTM for use in the production of MGT and such transactions are reflected as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Purchases of chlorine gas2243

These purchases are subsequently recorded within “Cost of goods sold” on the unaudited Condensed Consolidated Statement of Operations. Amounts due at period end, which are presented below, are recorded within “Accrued liabilities” on the unaudited Condensed Consolidated Balance Sheet.
June 30, 2025December 31, 2024
Amount due related to purchases of chlorine gas26

As Tronox delivers MGT product to ATTM, amounts are recorded within “Net sales” on the unaudited Condensed Consolidated Statement of Operations, as shown below:
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
MGT sales made to ATTM as product is delivered13132926

Amounts related to MGT deliveries that are outstanding at period end are recorded in “Prepaid and other assets” on the unaudited Condensed Consolidated Balance Sheet, as shown below:
June 30, 2025December 31, 2024
Due from ATTM for MGT deliveries1214