Pandemic Fails to Slow Demand for Deicing Salt

Compass Minerals International Inc of Overland Park, KS reports that its Salt segment generated second quarter 2020 operating earnings of US$29.7 million on sales of US$121.8 million compared with operating earnings of US$14.6 million on sales of US$112.6 million in the second quarter of 2019. Sales volumes increased 9% and average selling prices declined 1%....

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USLM Acquires Carthage Crushed Limestone

United States Lime & Minerals Inc (USLM) of Dallas, TX has reported a second quarter net income of US$6.1 million on revenues of US$37.6 million compared with US$6.0 million on revenues of US$39.0 million in the corresponding period of 2019. Revenues from the company’s lime and limestone operations were mainly responsible for the decrease in...

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SQM Revenue Hit by Drop in Lithium Prices

Sociedad Quimica y Minera de Chile SA (SQM) of Santiago, Chile has reported a net income of US$278.1 million on revenues of US$1.94 billion for 2019 compared with a net income of US$439.8 million on revenues of US$2.27 billion in 2018. The decline reflected lower revenues with the exception of Iodine and Iodine Derivatives. Ricardo...

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Nutrien Optimistic about Demand for Crop Inputs

Nutrien Ltd of Saskatoon, SK has announced that it continues to expect solid demand for crop inputs for the coming spring season and that its facilities continue to operate given its business is deemed an essential service by governments. Chuck Magro, Nutrien’s CEO, commented, “Nutrien continues to expect solid demand for crop inputs for the...

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Compass to Evaluate South American Business

Compass Minerals International Inc of Overland Park, KS has reported net earnings of US$56.1 million on sales of US$500.3 million in the fourth quarter of 2019 compared with a net earnings of US$51.0 million on sales of US$486.5 million in the corresponding period of 2018. During the fourth quarter the company also initiated a strategic...

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