Magnesium chloride

Compass Minerals and Utah Division of Forestry, Fire and State Lands Entering into Voluntary Agreement Regarding Water Conservation on the Great Salt Lake

Retrieved on: 
Wednesday, March 6, 2024

Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework established within the Term Sheet.

Key Points: 
  • Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework established within the Term Sheet.
  • “We recognize that a healthy Great Salt Lake is essential to both the environmental and economic well-being of the region,” said Edward C. Dowling Jr., president and CEO.
  • “It’s critical we strike the right balance between industry’s ability to extract the various minerals found in the lake without compromising the health of the lake,” added Great Salt Lake Commissioner Brian Steed.
  • The Commissioner’s Office appreciates the leadership of the Legislature and the willingness of Compass Minerals to take these important steps to protect the Great Salt Lake.”

LYT PROUDLY ANNOUNCES STRATEGIC EXPANSION INTO INTERNATIONAL MARKETS BY UNVEILING GROUNDBREAKING NEXTGEN SNOWPLOW PREEMPTION TECHNOLOGY FOR U.S AND CANADIAN MARKETS

Retrieved on: 
Thursday, January 4, 2024

SANTA CLARA, Calif., Jan. 4, 2024 /PRNewswire/ -- LYT, a leader in NextGen intelligent connected traffic technology solutions, announced today its strategic international expansion into Canada and the Toronto region with the launch of LYT.snow, an advanced snowplow signal priority solution that enables snowplows to travel through intersections safely and efficiently to clear snow quickly so travelers can continue to safely move through their community.

Key Points: 
  • "Our technology is not just about managing traffic; it's about creating smarter, more responsive transportation networks that benefit both cities and their residents."
  • For Canadian markets, snow removal creates an annual traffic congestion problem for cities and residents.
  • "Our snowplow traffic signal prioritization technology represents a significant advancement in urban mobility and emergency response systems," added Menard.
  • To learn more about LYT.snow preemption technology, please visit the LYT.snow product page .

North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention

Retrieved on: 
Tuesday, December 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Lithium 2.0 is all about North America and some of the biggest new discoveries in the world.  While this may be against the backdrop of bad times for lithium stocks overall, it has actually created a situation in which lithium companies are significantly undervalued, yet of critical importance to our energy transition future.  Mentioned in today's commentary includes:  FMC Corporation (NYSE: FMC), Livent Corporation (NYSE: LTHM), Freeport-McMoRan Inc. (NYSE: FCX), Compass Minerals International, Inc. (NYSE: CMP), Rio Tinto Group (NYSE: RIO).

Key Points: 
  • EMP Metals has over 200,000 acres here in the most advantageous area of South Saskatchewan's Williston Basin: The Duperow formation, which is fast becoming the flashpoint for North American battery metals.
  • Viewfield and Mansur tested up to 259 mg/L and 148 mg/L respectively, lithium in brine.
  • The preliminary assessment confirmed a high-quality Inferred Resource of 1.2 million tonnes of lithium carbonate equivalent (LCE) at a weighted average grade of 143 mg/L.
  • To put these concentrations into perspective, the 259 mg/L EMPS tested at Viewfield is the highest concentration among explorers in the Leduc/Duperow Lithium area, and among the highest on record in North America.

North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention

Retrieved on: 
Tuesday, December 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Lithium 2.0 is all about North America and some of the biggest new discoveries in the world.  While this may be against the backdrop of bad times for lithium stocks overall, it has actually created a situation in which lithium companies are significantly undervalued, yet of critical importance to our energy transition future.  Mentioned in today's commentary includes:  FMC Corporation (NYSE: FMC), Livent Corporation (NYSE: LTHM), Freeport-McMoRan Inc. (NYSE: FCX), Compass Minerals International, Inc. (NYSE: CMP), Rio Tinto Group (NYSE: RIO).

Key Points: 
  • EMP Metals has over 200,000 acres here in the most advantageous area of South Saskatchewan's Williston Basin: The Duperow formation, which is fast becoming the flashpoint for North American battery metals.
  • Viewfield and Mansur tested up to 259 mg/L and 148 mg/L respectively, lithium in brine.
  • The preliminary assessment confirmed a high-quality Inferred Resource of 1.2 million tonnes of lithium carbonate equivalent (LCE) at a weighted average grade of 143 mg/L.
  • To put these concentrations into perspective, the 259 mg/L EMPS tested at Viewfield is the highest concentration among explorers in the Leduc/Duperow Lithium area, and among the highest on record in North America.

Global Membrane Filtration Industry Research Report 2023-2028 Featuring Industry Giants Industry Giants Such as Alfa Laval, GEA Group Aktiengesellschaft, DuPont, and Pall Corp - ResearchAndMarkets.com

Retrieved on: 
Friday, October 6, 2023

Further driving factors include rapid urbanization, increasing incomes, and a consumer inclination towards premium products, all of which amplify the demand for membrane filtration solutions.

Key Points: 
  • Further driving factors include rapid urbanization, increasing incomes, and a consumer inclination towards premium products, all of which amplify the demand for membrane filtration solutions.
  • On the flip side, the significant initial investment required for membrane filtration systems and the limited awareness in developing nations might temper market growth to an extent.
  • In the competitive landscape, industry giants such as Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), DuPont (US), and Pall Corporation (US) are strategizing to capitalize on market opportunities, solidifying the membrane filtration market's trajectory.
  • Government support aimed at promoting the use of membrane filtration for water purification applications is also contributing to market growth.

Compass Minerals Signs Binding Multiyear Agreement to Supply Ford Motor Company with Battery-Grade Lithium Carbonate

Retrieved on: 
Monday, May 22, 2023

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the signing of a binding, multiyear supply agreement to provide Ford Motor Company (Ford; NYSE: F), a global auto manufacturer, with battery-grade lithium carbonate from its Ogden, Utah, lithium brine development project.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the signing of a binding, multiyear supply agreement to provide Ford Motor Company (Ford; NYSE: F), a global auto manufacturer, with battery-grade lithium carbonate from its Ogden, Utah, lithium brine development project.
  • “We look forward to building an alliance that will support Ford’s electric vehicle strategy by providing a reliable, domestic lithium supply.”
    Under the agreement, Compass Minerals will deliver up to 40% of its planned, phase-one battery-grade lithium carbonate to Ford for a five-year term once production begins.
  • As previously announced, the company expects an annual commercial production capacity of approximately 35 kMT lithium carbonate equivalent (LCE) once fully operational, with an initial phase-one capacity of approximately 11 kMT battery-grade lithium carbonate coming online in 2025.
  • Lithium will be the fourth essential mineral produced from the same unit of brine, bringing additional efficiencies to the operation and value to all stakeholders, including the State of Utah.

Compass Minerals Announces Acquisition of Outstanding 55% Interest in Fortress North America

Retrieved on: 
Tuesday, May 9, 2023

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it has acquired the outstanding 55% interest in Fortress North America (Fortress), a next-generation fire retardant company, bringing the company’s ownership stake to 100%.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it has acquired the outstanding 55% interest in Fortress North America (Fortress), a next-generation fire retardant company, bringing the company’s ownership stake to 100%.
  • Building upon a previous 45% minority ownership stake that Compass Minerals has held in Fortress since January 2022, the transaction provides Compass Minerals full ownership of all Fortress assets, contracts and intellectual property.
  • We are pleased to welcome the Fortress team into the Compass Minerals family.”
    The leadership team at Fortress, including CEO Robert Burnham, will continue to lead and develop the business.
  • The combination of Fortress and Compass Minerals is the next natural step toward our joint mission to establish Fortress as the market leader in next-gen fire retardants.”

OXYCHEM INTRODUCES A 30 POUND (LB.) BAG OF PELADOW® THAT CAN OUTPERFORM A 50 LB. BAG OF MAGNESIUM CHLORIDE

Retrieved on: 
Monday, November 7, 2022

"When using PELADOW, less is more," said Rose Waypa, Technical Services Specialist of OxyChem, producer of PELADOW.

Key Points: 
  • "When using PELADOW, less is more," said Rose Waypa, Technical Services Specialist of OxyChem, producer of PELADOW.
  • "PELADOW melts more ice, more quickly, with less product when compared to magnesium chloride."
  • bag of magnesium chloride, enabling them to save on product and transportation costs, while maximizing their warehouse space.
  • Based on a comparative study of melting ice at 20 F, PELADOW melts more ice in 20 minutes than magnesium chloride does in an hour.

Intrepid Announces Date for Third Quarter 2022 Earnings Release

Retrieved on: 
Monday, October 24, 2022

Denver, CO, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE: IPI) plans to release its third quarter 2022 financial results on Wednesday, November 2, 2022, after the market closes.Intrepid will host a conference call on Thursday, November 3, 2022, at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and answer investor questions.

Key Points: 
  • Denver, CO, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE: IPI) plans to release its third quarter 2022 financial results on Wednesday, November 2, 2022, after the market closes.Intrepid will host a conference call on Thursday, November 3, 2022, at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and answer investor questions.
  • The replay of the call will require the input of the conference identification number 9158079.The recording will be available through November 10, 2022.
  • In addition, Intrepid produces a specialty fertilizer, Trio, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle.
  • Intrepid routinely posts important information, including information about upcoming investor presentations and press releases, on its website under the Investor Relations tab.

Compass Minerals Announces Selection of Direct Lithium Extraction (DLE) Technology Provider, Attractive Economics and Positive Sustainability Profile for First Phase of Lithium Project

Retrieved on: 
Wednesday, September 14, 2022

EnergySource Minerals is a privately held company enabling customers to undergo lithium extraction with low-cost, low-carbon, safe and efficient operations.

Key Points: 
  • EnergySource Minerals is a privately held company enabling customers to undergo lithium extraction with low-cost, low-carbon, safe and efficient operations.
  • Compass Minerals believes it remains on track to enter the market with a cost-competitive, battery-grade lithium product by 2025.
  • Compass Minerals also filed today the Updated Compass Minerals Lithium TRS with the Securities and Exchange Commission (SEC).
  • For example, the process technology for commercial extraction of lithium from brines with low lithium and high impurity (primarily magnesium) is still developing.