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Hi-Crush Touts Higher Sales; Successful First Quarter

Hi-Crush Partners reported first quarter 2017 results. Revenues for the quarter ended March 31, 2017, totaled $83.4 million on sales of 1,384,887 tons of frac sand. This compares to $67.3 million of revenues on sales of 1,358,511 tons of frac sand in the fourth quarter of 2016. The limited partners' interest in net loss was $5.4 million for the first quarter of 2017.

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Frac Sand Production Predicted to Exceed 2014 Levels

The frac sand sector has re-entered bullish territory in 2017 as demand is expected to exceed peak 2014 levels before the end of the year, according to a report by Thomas Jacob, a consultant with IHS Markit.

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Minnesota Sands Strikes Back Against Sand Ban

Minnesota Sands LLC has filed a lawsuit to challenge the Winona County, Minn., ban on the mining of sand for use in the energy industry. The ban was passed by the Winona County board of commissioners in November of 2016 and prohibits the mining, processing or trans-loading of frac sand in rural Winona County.

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