Covia Poised to Emerge from Bankruptcy

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, […]

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 […]