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Released on Thursday, August 31, 2023

Metals & Minerals

Most Metals & Minerals Plants Stay Open in Wake of Hurricane Idalia

As of Thursday, Industrial Info's Metal & Minerals Industry researchers were reporting a few more outages in Florida, Georgia and South Carolina following the passage of Hurricane Idalia

Researched by Industrial Info Resources (Sugar Land, Texas)--As of Thursday, Industrial Info's Metal & Minerals Industry researchers were reporting a few more outages in Florida, Georgia and South Carolina following the passage of Hurricane Idalia. However, most industries in the area opted to remain open, while monitoring conditions closely.

As previously reported, The Mosaic Company (NYSE:MOS) (Tampa, Florida) kept its phosphate operations open, but with a reduced staff. As of Thursday, Mosaic has returned to normal operations and has asked nonessential staff to return back to the office when it is safe to do so.

Nucor Corporation's (NYSE:NUE) (Charlotte, North Carolina) steel mills in Huger and Darlington, South Carolina, remained open during the storm. Glass manufacturers such as Anchor Glass Container Corporation (Tampa), PGT Industries Incorporated (North Venice, Florida) and Corning Optical Communications LLC (Charlotte, North Carolina) also have kept their plants open in Florida, Georgia, South Carolina and North Carolina.

The Chemours Company (NYSE:CC) (Wilmington, Delaware) opted to close both its sand mining operations on Wednesday in Folkston, Georgia, and Starke, Florida, respectively. Nutrien's (Saskatoon, Saskatchewan) phosphate operations in Aurora, South Carolina, and White Springs, Florida, also remained closed.

All ports and airports in Florida were open again as of Thursday. Freight rail companies were assessing damage and beginning repairs in Florida, Georgia, North Carolina and South Carolina.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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