Quick Facts About Barretts Minerals Trust Fund and Lawsuits
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    Founded:
    1992
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    Years Operated:
    1992-Present (as Minerals Technologies Inc.)
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    Headquarters:
    Dillon, MT
  • businessman icon standing next to a globe
    Business:
    Talc mining, nonmetallic mining mineral mining and quarrying
  • icon of a building with a dollar sign on it
    Asbestos Trust:
    No
  • downward arrow with blocks representing cash
    Bankruptcy Status:
    Filed

Information About the Barretts Minerals Asbestos Trust Fund

Barretts Minerals is in the middle of a bankruptcy case. The company hopes the sale of the company will generate enough proceeds to create a Barretts Minerals asbestos trust fund. This would provide compensation to claimants diagnosed with mesothelioma or lung cancer as a result of exposure to asbestos via Barretts Minerals’ contaminated talc.

The company auctioned off its assets and reported in mid-March 2024 that Riverspan Partners won with an offer of $32 million. The amount intended to fund the asbestos trust fund remains unknown, but it’s likely to operate similarly to other trust funds. These trusts set aside large amounts of money to compensate eligible current and future claimants.

Most trusts operate on a first-come, first-served basis, providing payment amounts based on the type and severity of disease. The volume of potential claims also affects the payouts because the trust may cap compensation at a certain percentage to maintain funds.

Legal Help for People Exposed to Barretts Minerals Asbestos Products

People exposed to Barretts Minerals asbestos products who later develop mesothelioma or lung cancer benefit from skilled legal help. Your mesothelioma lawyer will review your work history and gather your medical records.

Because workers often face contact with asbestos from multiple companies, your legal team will investigate all potentially responsible parties. You may be eligible to take action against more than one company with other asbestos trust funds or lawsuits against other companies as options. Your lawyer can also help you file for workers’ compensation.

Contact a Patient Advocate any time for personalized assistance finding the right lawyer for you and your family who is familiar with Barretts Minerals talc claims and litigation. Your Patient Advocate will also provide 24/7 support, connections with mesothelioma specialists, introductions to survivor and caregiver support groups and guidance navigating insurance and VA benefits claims.

Mesothelioma Lawsuits Involving Barretts Minerals

Lawsuits against Barretts Minerals claim personal injuries from exposure to asbestos-contaminated talcum powder. Plaintiffs named Barretts Minerals and other asbestos companies in multiple pending lawsuits citing exposure from asbestos-containing talc and other products.

Lawsuits Against Barretts Minerals

  • Klick et al v. Asbestos Corporation LTD. et al: Paul and Julie Klick filed an asbestos lawsuit on November 19, 2020, and named Barretts Minerals among other defendants. The case was transferred to state court on February 2, 2022.
  • Ongoing Tort Action: Despite Barretts Minerals’ bankruptcy case, some claimants have successfully appealed a Texas federal bankruptcy court to allow 2 claims to proceed forward. These claims involve testing talc for the presence of asbestos.
  • Rathbun et al v. Barretts Minerals Inc. et al: Gwendolyn and John Edwin Rathbun filed an asbestos personal injury suit against Barretts Minerals on September 3, 2021. The suit claims that John Edwin Rathbun developed mesothelioma after exposure from handling asbestos-containing products and asbestos fibers.

Most plaintiff claims report asbestos exposure through employment at the mine or plant or from products containing asbestos. In the case of Barretts Minerals, the claimants allege the talc contained asbestos, and they suffered serious health consequences because of the contamination.

Mineral Technologies released multiple statements claiming the lawsuits have no merit, and that its products are safe and thoroughly tested for asbestos. Despite these assurances and intent to continue operations, Barretts announced its decision to sell the company, file for bankruptcy and create an asbestos trust fund to resolve its liabilities.

Barretts Minerals’ Connection to Asbestos

Barretts Minerals’ talc mining and processing exposed workers and consumers to asbestos-contaminated products. The company started in 1992 in Dillon, Montana, under Minerals Technologies Inc., which Pfizer formerly owned. In June 2023, Minerals Technologies announced Barretts Minerals will exit the talc business.

Barretts Minerals mined talc from Regal and Treasure mines in the Ruby Mountains. Trucks moved the ore 8 miles to a plant for crushing, grinding, drying and railroad shipment. The company supplied talc for uses like coatings on gums and tablets, cosmetics, body powders, plastics, paints and ceramics for automotive catalytic converters.

Talc and asbestos form close together in the earth, so talc deposits are often contaminated with asbestos. Workers who crushed, ground and shipped talc faced high exposure risks that led to mesothelioma and other cancers in some cases.

Consumers who purchased products made with Barretts Minerals talc also reported injuries. Products in question include: cosmetics, body powders, paints, plastics, ceramics and pharmaceutical coatings.

Who Was at Risk of Asbestos Exposure From Barretts Minerals?

The process of mining, processing and shipping talc created many occupations with a high risk of asbestos exposure. Employees exposed to contaminated talc and to the products made from this talc began to develop symptoms of diseases associated with asbestos, including mesothelioma.

Higher Risk Occupations

  • Contractors
  • Factory workers
  • Machinery operators
  • Mechanics
  • Miners
  • Railroad workers
  • Road construction workers
  • Warehouse workers

Although the company has stopped selling talc for use in cosmetics, many other products still contain the material. Barretts currently has more than 500 lawsuits pending against it.

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