Covia Corp of Independence, OH has announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division, has confirmed its Plan of Reorganization. The confirmation marks a key milestone in the Covia’s reorganization process, and the company anticipates emerging from bankruptcy at the end of 2020. Richard Navarre, Covia’s CEO, said, […]
Month: December 2020
Inter-Rock Boosted by Papillon Sales Volumes
Inter-Rock Minerals Inc of Toronto, ON has reported a net income of US$669,000 on revenue of US$12.1 million in the three months ended September 30, 2020 versus a net income of US$569,000 on revenue of US$11.1 million in the same period of 2019. The company owns three operating businesses: Papillon Agricultural Co Inc, MIN-AD Inc, […]
Knife River Acquires McMurry Ready-Mix
Knife River Resources, a subsidiary of MDU Resources Group Inc of Bismarck, ND, has expanded its intermountain region footprint by acquiring the assets of McMurry Ready-Mix Co, an aggregates and concrete supplier based in Casper, WY. McMurry’s estimated aggregate reserves of nearly 100 million tons are strategically positioned throughout central Wyoming. The company also has […]
Rio Tinto Advances Jadar Lithium-Borates Project
Rio Tinto plc of England has disclosed to the Australian Securities Exchange, a maiden ore reserve and updated mineral resource at its 100%-owned Jadar lithium-borates project in western Serbia. Ore reserves are put at 16.6 million tonnes, grading 1.81% and 13.4% B2O3. The mineral resource comprises 55.2 million tonnes of indicated resources at 1.68% Li2O […]
Li-Cycle Doubles Battery Recycling Capacity
Li-Cycle Corp of Toronto, ON has announced that its Spoke 2 facility in Rochester, NY is now fully operational. The facility will produce an intermediate mixed battery material product (black mass) from all types of spent lithium-ion batteries. The company is already producing black mass at its Spoke 1 facility in Kingston, ON. The new […]