First Look – March 2024

FIRST LOOK TOP NEWSVulcan MaterialsVulcan Materials Co. announced results for the quarter and year ended Dec. 31, 2023, reporting total revenues of $1.83 billion in the fourth quarter versus $1.73 billion in the fourth quarter of 2022; and $7.78 billion for full-year 2023 versus $7.32 billion for full-year 2022. Summit MaterialsSummit Materials Inc. announced results for the fourth quarter and…

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USGS Releases Mineral Commodity Summaries 2024

The U.S. Geological Survey (USGS) just released its Mineral Commodity Summaries 2024 publication, an annual information source that offers capsule summaries of specific mineral commodities in the United States, including crushed stone, and sand and gravel. In its initial capsule summary, USGS notes that in 2023, the estimated total value of nonfuel mineral production in the United States was $105 billion,…

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2024 Outlook/Forecast

Aggregates Industry Looks To Make Gains As Projects Move Forward. By Mark S. Kuhar and Josephine Patterson Since President Joe Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law Nov. 15, 2021, states have committed federal funds to support more than 56,000 eligible transportation improvements in all 50 states during the last two years, spanning nearly every U.S.…

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U.S. Geological Survey Reports Mineral Commodities

Sept. 19, 2023 – U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the U.S. Geological Survey to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates. These measures cover manufacturing, mining…

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USGS: Nonfuel Mineral Production Jumps $3.6 Billion in 2022

By Mark S. Kuhar U.S. mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022 – an estimated $3.6 billion increase over the 2021 revised total of $94.6 billion, according to the U.S. Geological Survey. This information comes from the 28th annual USGS Mineral Commodity Summaries report, released Jan. 31 by the USGS National Minerals Information Center. The report…

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Missouri S&T to Address Critical Minerals Crisis

The United States is in the midst of a critical minerals crisis and Missouri University of Science and Technology is becoming known as a national hub to discuss and develop solutions to this issue. The university was recently awarded funding from the National Science Foundation to host the third annual Resilient Supply of Critical Minerals workshop Wednesday, Aug. 9, and…

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FIRST LOOK – October 2022

TOP NEWSYork Building Products Acquires Union QuarriesYork Building Products acquired Union Quarries, a Carlisle, Pa.-based manufacturer of crushed stone, asphalt and ready-mix concrete products. Chris Wright, president of Union Quarries, noted, “We believe our customers and employees will be very pleased with the future course of the company, and look forward to this new chapter in our history.” PACA Holds…

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