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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: emaildelivery@businesswire.com X-To: TX-INDUSTRIAL-INFO-RES@businesswire.com X-cc: X-bcc: X-Folder: \Paul_Thomas_Jan2002\Thomas, Paul D.\Inbox X-Origin: Thomas-P X-FileName: pthomas2 (Non-Privileged).pst Welcome to eMail News Delivery, a service from Business Wire. Here is your Industrial Information Resources Inc. news release. If you have received this in error please send a message to: eMailDelivery@businesswire.com with the following command in the body of the message: unsubscribe TX-INDUSTRIAL-INFO-RES If you have questions about this service, please contact your Business Wire Account Executive or service@businesswire.com BW2003 DEC 27,2001 2:00 PACIFIC 05:00 EASTERN ( BW)(TX-INDUSTRIAL-INFO-RES) Startup Mining Company Hopes to Expand Only U.S. Fluorspar Mine, in an Advisory by Industrialinfo.com Business Editors HOUSTON--(BUSINESS WIRE)--Dec. 27, 2001--The following is an advisory by Industrialinfo.com (Industrial Information Resources Inc.; Houston, Texas). Located close to Cedar City, Utah, a start-up mining venture hopes to expand the only fluorspar mine in the U.S. According to company's President, John Price, "Milford Mining Company LLC is the only miner of fluorspar in the U.S." Price went on to say, "We've started of on a small scale, but our market shows promise and if all goes well, we may look at expanding in the future." According to data collected by the USGS, the U.S. consumes approximately 523,000 metric tons of fluorspar annually. All of this is imported from foreign sources, 67% from China, 22% from South Africa, and 11% from Mexico. The majority of this, about 90%, is acid grade fluorspar used in the production of hydrofluoric acid and aluminum fluoride. Milford Mining produces metallurgical grade fluorspar and also kaolinite and silica. It is studying options for the sale of these minerals to new markets. Currently, it sells fluorspar to west coast cement plants, where it is used as a fluxing agent in rotary kilns. Fluorspar helps to reduce the melting temperature of clinker (an intermediate product of the cement manufacturing process produced in rotary kilns), enabling cement producers to increase throughput without significant equipment additions. Future plans include adding increased crushing, screening, and processing equipment to enable the company to expand service to the cement industry, as well as other metallurgical grade fluorspar users such as the steel or aluminum industries and possibly acid grade fluorspar users at some point in the future. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Metals & Minerals or Energy markets as well as other industrial sectors send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com. --30--LS/na* CONTACT: Industrial Information Resources Inc., Houston Joseph Govreau, 713/783-5147 KEYWORD: TEXAS UTAH CHINA MEXICO SOUTH AFRICA INTERNATIONAL ASIA PACIFIC LATIN AMERICA AFRICA/MIDDLE EAST INDUSTRY KEYWORD: BUILDING/CONSTRUCTION ENERGY MANUFACTURING OIL/GAS UTILITIES MINING/METALS TRANSPORTATION SOURCE: Industrial Information Resources Inc. For the best viewing of the news releases please use the following email settings: Courier 10 point. -Notice of Copyright and General Disclaimer- © 2000 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. - Notice of Copyright and General Disclaimer -- © 1999 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
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