Wednesday, November 06, 2013 2:58:30 PM
Materion Corporation (NYSE:MTRN) announced today that it is significantly increasing capacity to produce beryllium hydroxide using the bertrandite ore reserves at the Company’s mine in the Topaz-Spor Mountain area of western Utah. The Materion mine is the largest known operational source of bertrandite ore, which is the most abundant source of beryllium.
Materion currently supplies more than 40% of the world beryllium market and more than 70% of the freshly mined beryllium, the balance coming from inventories stockpiled by others in the past. Over the next two to three years, stockpiled sources of beryllium supply are expected to decline, and Materion will be able to increase supply to fill the void.
Recent MTRN News
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 04:40:22 PM
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