Ferroglobe Adapts to Evolving Markets

Ferroglobe plc of London, England says that it is making further adjustments to its global production platform. In addition to previously announced production curtailments, the company is taking steps to extend or bring forward planned outages over the fourth quarter at several of its facilities in an effort to streamline operations, adapt production to reduced...

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Oil-Dri Corp Ends Fiscal Year on Positive Note

Oil-Dri Corp of America of Chicago, IL has announced net sales of US$277.0 million for the fiscal year ended July 31, 2019, up from US$266.0 million in fiscal 2018. Net income increased from US$8.2 million to US$12.6 million. In the fourth quarter, the company recorded net income of US$3.8 million on sales of US$70.1 million...

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Nemaska Lays-Off Workers at Whabouchi

Nemaska Lithium Inc of Quebec City, QC has issued an update on its Whabouchi lithium project and negotiations with the Pallinghurst Group of England on financing. The two companies signed an agreement that extends until the end of 2019, the exclusivity of the period to complete the financing from Pallinghurst. The negotiations are continuing, but...

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Westwater Takes Delivery of First Graphite Shipment

Westwater Resources Inc of Centennial, CO has announced that it has taken delivery of the first shipment of natural flake graphite pursuant to its recently announced long-term graphite purchase agreement. All of the 20 tonnes received will be used in the development of pilot scale processes and to produce several tonnes of battery ready advanced...

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Vertical Seeks Funds for Wollastonite Project

Vertical Exploration Inc of Vancouver, BC and Venturevest Realty Partners LLC of New York, NY have signed a non-binding letter of intent to enter into discussions regarding the provision by Venturevest of a secured note facility up to a maximum of CDN$20 million to support the multi-phased development of the St-Onge, QC wollastonite deposit. Vertical...

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