Compass Minerals International, Inc. (NYSE:CMP) Files An 8-K Mine Safety – Reporting of Shutdowns and Patterns of ViolationsItem 1.04. Mine Safety – Reporting of Shutdowns and Patterns of Violations.
Compass Minerals International, Inc. (NYSE:CMP) Files An 8-K Mine Safety – Reporting of Shutdowns and Patterns of Violations
Section 1503 of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires disclosure via Form 8-K of the issuance of an imminent danger order under Section 107(a) of the Federal Mine Safety and Health Act of 1977 (“the Mine Act”) by the Mine Safety and Health Administration (“MSHA”).
On February 28, 2017, Compass Minerals International, Inc. (the “Company) received an imminent danger order under Section 107(a) of the Mine Act related to its Cote Blanche Mine. The order alleged that a system used to monitor the mine atmosphere for the presence of methane was not operating properly. No miners were injured as a result of the condition alleged in the order. The Company is working with MSHA and the manufacturer of the system to address MSHA’s concerns. The Company is reviewing the order and may formally contest its validity.
About Compass Minerals International, Inc. (NYSE:CMP)
Compass Minerals International, Inc. is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition. The salt segment mines, produces, processes, distributes and markets sodium chloride and magnesium chloride in North America and sodium chloride in the United Kingdom. The salt segment products include rock salt, mechanically evaporated and solar evaporated salt, and brine and flake magnesium chloride. The plant nutrition segment includes sales of SOP and micronutrients. It sells micronutrient products under Wolf Trax brand. Its SOP product is marketed under the brand name Protassium+. The Company operates over 10 production and packaging facilities, including the rock salt mines in Goderich, Ontario, Canada, and in the United Kingdom in Winsford, Cheshire. Compass Minerals International, Inc. (NYSE:CMP) Recent Trading Information
Compass Minerals International, Inc. (NYSE:CMP) closed its last trading session down -0.90 at 72.35 with 366,045 shares trading hands.
Compass Minerals International, Inc. is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition. The salt segment mines, produces, processes, distributes and markets sodium chloride and magnesium chloride in North America and sodium chloride in the United Kingdom. The salt segment products include rock salt, mechanically evaporated and solar evaporated salt, and brine and flake magnesium chloride. The plant nutrition segment includes sales of SOP and micronutrients. It sells micronutrient products under Wolf Trax brand. Its SOP product is marketed under the brand name Protassium+. The Company operates over 10 production and packaging facilities, including the rock salt mines in Goderich, Ontario, Canada, and in the United Kingdom in Winsford, Cheshire. Compass Minerals International, Inc. (NYSE:CMP) Recent Trading Information
Compass Minerals International, Inc. (NYSE:CMP) closed its last trading session down -0.90 at 72.35 with 366,045 shares trading hands.