Hi-Crush Voluntarily Files for Reorganization

Hi-Crush Partners LP of Houston, TX has entered into a restructuring support agreement with certain noteholders, collectively owning or controlling approximately 94% of the aggregate outstanding amount of the company’s 9.5% Senior Secured Notes due 2026. To implement the terms of the agreement, the company has voluntarily filed petitions for reorganization under Chapter 11 of...

This content is for Blendon ISN Subscribers only.
Register as a subscriber or Login if you have an account.

MP Materials to Merge with Fortress, Go Public

MP Materials, owner and operator of the Mountain Pass, CA rare earths mine, has announced a definitive agreement to merge with Fortress Value Acquisition Corp of New York, NY. Fortress is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business...

This content is for Blendon ISN Subscribers only.
Register as a subscriber or Login if you have an account.

Geomega and USA Rare Earth Ink Letter of Intent

Geomega Resources Inc of Montreal, QC has entered into a letter of intent with USA Rare Earth LLC, the funding and development partner of the Round Top heavy rare earth and critical minerals project in West Texas, to recycle rare earth containing production waste from USA Rare Earth’s future production of sintered neodymium iron boron...

This content is for Blendon ISN Subscribers only.
Register as a subscriber or Login if you have an account.

Standard Lithium Progresses Chloride and Carbonate Pilot Plants

Standard Lithium Ltd of Vancouver, BC has provided updates on its direct lithium extraction (DLE) and carbonate crystallization plants. Firstly, its pre-commercial DLE demonstration plant at Lanxess’ south plant facility in southern Arkansas has been operating successfully since late May and has been producing concentrated lithium chloride product, as per its design. The plant, using...

This content is for Blendon ISN Subscribers only.
Register as a subscriber or Login if you have an account.

Rio Tinto Slag Production Trimmed by COVID

Rio Tinto plc of England has reported second quarter titanium dioxide slag production of 262,000 tonnes, 13% lower than in the second quarter of 2019. The decrease was partly due to COVID-10 restrictions in Quebec and South Africa. Titanium dioxide feedstock production was 13% lower than same period of 2019, due to community disruptions that...

This content is for Blendon ISN Subscribers only.
Register as a subscriber or Login if you have an account.