Compass Salt Sales Dip in First Quarter

Compass Minerals International Inc of Overland Park, KS has reported that first quarter winter weather activity in both North America and the UK markets was below average, resulting in lower-than-expected highway deicing salt sales volumes. Eleven representative cities in the company’s North American highway deicing service area reported 85 snow events during the first quarter...

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RHI Magnesita Sees Slowdown in Activity

RHI Magnesita NV of Austria has reported 2019 EBITDA of €300 million (US$330 million)on revenue of €2.92 billion (US$3.2 billion) versus EBITDA of €427 million (US$466 million) on revenue of €3.08 billion (US$3.38 billion) in 2018. The company notes that the integration of RHI and Magnesita was completed in 2019 and €90 million (US$98.9 million)...

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Eramet Decides Against Building Lithium Plant

Eramet of France has decided not to proceed with construction of a lithium production plant in Argentina. A pilot plant, which has been operated for four months in real conditions on the Andean highlands, will continue its activity in order to finish collecting the process results. As a result of these actions, the company will...

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Mason Graphite Postpones Mine and Concentrator

Mason Graphite Inc of Montreal, QC has decided to postpone, until further notice, the further development of its Lac Gueret, QC graphite mine and concentrator. The decision is the result of the current oversupply of graphite on world markets and the unfavourable capital market conditions for natural resource projects. The company will now focus on...

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AMI Advances Duvernay Frac Sand Project

Athabasca Minerals Inc (AMI) of Edmonton, AB states that following the signing of a five-year Offtake Agreement with Shell Canada for AMI Silica’s premium domestic sand, the subsidiary continues to advance its Duvernay Project. In collaboration with a pending industrial partner, a competitive tender has been issued to five pre-qualified contractors in Canada and the...

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