Ciner Encouraged by Rebound in Demand

Ciner Resources Corp of Atlanta, GA has reported a third quarter 2020 net income of US$5.4 million on net sales of US$98.2 million compared with a net income of US$29.9 million on net sales of US$137.2 million in the same period of 2019. Oguz Erkan, Ciner’s CEO, said, “The third quarter marked an encouraging rebound...

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USLM Benefits from Higher Lime Prices

United States Lime & Minerals Inc (USLM) of Dallas, TX has reported a third quarter net income of US$9.3 million on revenues of US$43.7 million compared with US$9.9 million on revenues of US$43.6 million in the same period of 2019. The increase in revenues resulted primarily from increased sales volumes of the company’s lime and...

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Avalon Investigates Lithium Facility Potential in Ontario

Avalon Advanced Materials Inc of Toronto, ON reports that metallurgical test work has been progressing on several fronts for its Separation Rapids lithium project near Kenora, ON. The company is continuing to look at market opportunities to serve both the glass ceramics market with petalite and the lithium battery materials market with a high purity...

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Livent Looks Beyond Short-term Lithium Market Weakness

Livent Corp of Philadelphia, PA has reported a second quarter of 2020 net loss of US$0.02 million on revenue of US$64.9 million compared with a net income of US$15.5 million on revenue of US$114.0 million in the second quarter of 2019. The company says that the results reflect the continuation of difficult market conditions for...

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Soda Ash Producers Report Lower Demand, Price

Ciner Resources LP of Atlanta, GA has reported a second quarter 2020 net loss of US$3.3 million on net sales of US$76.2 million compared with a net income of US$11.3 million on net sales of US$129.8 million in the same period of 2019. Ciner’s international soda ash sales fell over 60%, to US$32.0 million, reflecting...

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