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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Mineral Commodity Summaries
Snapshots Of The Crushed Stone, Sand And Gravel, Industrial Sand, Cement, Gypsum And Lime Markets The U.S. Geological Survey (USGS) estimates the annual output of construction aggregates produced for consumption in 2022 was 2.44 Gt, unchanged from that of 2021, according to Jason Christopher Willett, commodity specialist. The estimated annual output of crushed stone produced for consumption in 2022 was…
Read MoreLafarge Canada Electrifies Work Truck Fleet
Lafarge Canada announced a significant milestone in its commitment to sustainability and the journey towards achieving net-zero emissions. The company is taking a pivotal step by electrifying its work truck fleet in conjunction with North American electric vehicle supplier Vicinity Motor Corp. (VMC), resulting in a reduction in scope 1 emissions on site. Lafarge is Canada’s largest provider of sustainable…
Read MoreEagle Materials Reports Record Quarterly Revenues
Eagle Materials is reporting record revenue of $601.5 million, up 7%, and record net earnings of $120.8 million, up 15%. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $396 million, a 15% improvement. Heavy Materials operating earnings increased 19% to $81 million primarily because of higher Cement sales prices…
Read MoreHeidelberg Materials Assesses First Half of 2023
Heidelberg Materials announced revenue increases of 8.5% to €10,473 million and “improvement in result” of 37.5% to €1,189 million for the first half of 2023. CO₂ emissions were reduced by a further 2.4%.
Read MoreEagle Materials Establishes New Financial Milestones
Eagle Materials Inc. reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%. Fiscal 2023 revenue in…
Read MoreHolcim Reports Strong Start to Year in North America
Holcim reported net sales of CHF $5,725m and organic growth of 8% in the first quarter of 2023. The North America region delivered a strong start to the year in Cement, Aggregates and Ready-Mix Concrete, with strong market demand in both the United States and Canada. Roofing volumes were impacted by inventory normalization. Holcim’s roofing offer was further strengthened in…
Read MoreUSGS: 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…
Read MoreTACA Holds Capitol Day
On Feb. 28, more than 40 members of the Texas Aggregates & Concrete Association (TACA) visited with Texas legislators to discuss issues important to the aggregate, concrete and cement industries, including policy priorities and budget proposals before the 88th Texas State Legislature. “TACA’s Capitol Day is a great opportunity for legislators and their staffs to connect with our members, who…
Read MoreThe Rock Products Market Composite
Feb. 1, 2023 – The U.S. Geological Survey (USGS) – in its just-released Mineral Commodity Summaries 2023 report – estimates that 2022 total aggregates production will come in at approximately 2.46 billion metric tons per year (Gt), approximately 1% higher than 2021; with an additional 230 million metric tons (Mt) coming from the cement, gypsum, industrial sand and lime sectors. Each…
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