This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these messages)
|
Company type | Public |
---|---|
Industry | Mining |
Founded | 1844 2001 (reformed) |
Headquarters | Overland Park, Kansas, United States |
Key people | Edward Dowling (CEO) |
Products | salt, sulfate of potash |
Revenue | $US 1.49 billion [1] |
Number of employees | 3,131 [1] |
Website | compassminerals |
Compass Minerals International, Inc is an American public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride and sulfate of potash. Based in Overland Park, Kansas; the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, consumer and commercial culinary salt, and other mineral-based products for consumer, agricultural and industrial applications. In addition, Compass Minerals provides records management services to businesses throughout the United Kingdom.
Underground salt mining produces rock salt using both drill-and-blast and continuous mining techniques in deep deposits. Compass Minerals is the largest rock salt producer in North America and the U.K. It operates underground salt mines at Goderich, Ontario, the largest salt mine in the world with an annual capacity of 9 million tons; Cote Blanche, Louisiana, with annual capacity of 3.4 million tons; and Winsford, Cheshire, United Kingdom, with annual capacity of 1.5 million tons.[ citation needed ]
Mechanical evaporation uses high-efficiency vacuum processes to produce high-purity, fine- and coarse-grained salt products for commercial, agricultural, and industrial applications. Compass Minerals is a leading producer of mechanically evaporated salt in North America. It operates mechanical evaporation salt facilities in Lyons, Kansas (annual capacity 450,000 tons), Unity, Saskatchewan (160,000 tons); Goderich, Ontario (130,000 tons); and Amherst, Nova Scotia (130,000 tons). Compass Minerals also operates an SOP evaporation facility at Wynyard, Saskatchewan, with annual capacity of 40,000 tons. [2]
Solar evaporation is the oldest and most energy-efficient method of mineral production. At the Great Salt Lake near Ogden, Utah, Compass Minerals draws naturally occurring brine out of the lake into shallow ponds and allows solar evaporation to produce salt, sulfate of potash (SOP) and magnesium chloride. Its SOP plant at the Great Salt Lake is the largest in North America and one of only three SOP brine solar evaporation operations in the world. Annual capacity is 350,000 tons of SOP, 1.5 million tons of salt, and 750,000 tons of magnesium chloride. [3] In 2022 Compass Minerals announced the intention to develop the capacity to extract over 11 kMT LCE (Lithium Carbonate Equivalent) yearly at the Great Salt Lake site. [4] The project has since been put on pause due to regulatory changes. [5]
Compass Minerals operates two business segments, Salt and Plant Nutrition.
Compass Minerals’ Salt Segment mines, produces, processes and distributes sodium chloride and magnesium chloride in North America and the U.K. The segment’s largest business is highway deicing, which primarily sells bulk rock salt to states, provinces, counties, municipalities and road maintenance contractors for ice control on public roadways. The highway deicing product line also includes flake and liquid magnesium chloride used for deicing and dust control; treated rock salt treated for deicing in very low temperatures; and rock salt for the chlor-alkali industry.
The salt segment also includes consumer and industrial product lines, which includes pure sodium chloride and blended products containing magnesium chloride, calcium chloride and potassium chloride for applications such as consumer and professional deicing, water conditioning, culinary salt, animal nutrition, swimming pool minerals, and industrial applications.
Compass Minerals’ Plant Nutrition Segment produces sulfate of potash fertilizer.
Compass Minerals’ domestic sales of SOP are concentrated in the Western and Southeastern U.S. and exports to Latin America, Japan, Australia, and New Zealand.
In 2021, Compass Minerals divested the last segment of their plant micronutrient assets in an agreement with Koch Agronomic Services. [6]
Compass Minerals is the biggest:
In 2012, Compass Minerals had total sales of $942 million and ended the year with market capitalization of just $2.5 billion. The company is part of the S&P MidCap 400 Index, the Russell 1000 Index and was included in Fortune magazine’s 2010 listing of the “100 Fastest-Growing Companies.” [8] Though the company’s history stretches back as far as 1844, Compass Minerals became a public company following its initial public offering in December 2003. [9]
Potash includes various mined and manufactured salts that contain potassium in water-soluble form. The name derives from pot ash, plant ashes or wood ash soaked in water in a pot, the primary means of manufacturing potash before the Industrial Era. The word potassium is derived from potash.
Sodium chloride, commonly known as edible salt, is an ionic compound with the chemical formula NaCl, representing a 1:1 ratio of sodium and chlorine ions. It is transparent or translucent, brittle, hygroscopic, and occurs as the mineral halite. In its edible form, it is commonly used as a condiment and food preservative. Large quantities of sodium chloride are used in many industrial processes, and it is a major source of sodium and chlorine compounds used as feedstocks for further chemical syntheses. Another major application of sodium chloride is deicing of roadways in sub-freezing weather.
Sodium carbonate is the inorganic compound with the formula Na2CO3 and its various hydrates. All forms are white, odourless, water-soluble salts that yield alkaline solutions in water. Historically, it was extracted from the ashes of plants grown in sodium-rich soils, and because the ashes of these sodium-rich plants were noticeably different from ashes of wood, sodium carbonate became known as "soda ash". It is produced in large quantities from sodium chloride and limestone by the Solvay process, as well as by carbonating sodium hydroxide which is made using the chloralkali process.
Magnesium chloride is an inorganic compound with the formula MgCl2. It forms hydrates MgCl2·nH2O, where n can range from 1 to 12. These salts are colorless or white solids that are highly soluble in water. These compounds and their solutions, both of which occur in nature, have a variety of practical uses. Anhydrous magnesium chloride is the principal precursor to magnesium metal, which is produced on a large scale. Hydrated magnesium chloride is the form most readily available.
The Leblanc process was an early industrial process for making soda ash used throughout the 19th century, named after its inventor, Nicolas Leblanc. It involved two stages: making sodium sulfate from sodium chloride, followed by reacting the sodium sulfate with coal and calcium carbonate to make sodium carbonate. The process gradually became obsolete after the development of the Solvay process.
Sodium sulfate (also known as sodium sulphate or sulfate of soda) is the inorganic compound with formula Na2SO4 as well as several related hydrates. All forms are white solids that are highly soluble in water. With an annual production of 6 million tonnes, the decahydrate is a major commodity chemical product. It is mainly used as a filler in the manufacture of powdered home laundry detergents and in the Kraft process of paper pulping for making highly alkaline sulfides.
Potassium sulfate (US) or potassium sulphate (UK), also called sulphate of potash (SOP), arcanite, or archaically potash of sulfur, is the inorganic compound with formula K2SO4, a white water-soluble solid. It is commonly used in fertilizers, providing both potassium and sulfur.
Deicing is the process of removing snow, ice or frost from a surface. Anti-icing is the application of chemicals that not only deice but also remain on a surface and continue to delay the reformation of ice for a certain period of time, or prevent adhesion of ice to make mechanical removal easier.
Searles Lake is an endorheic dry lake in the Searles Valley of the Mojave Desert, in northwestern San Bernardino County, California. The lake in the past was also called Slate Range Lake and Borax Lake.
Polyhalite is an evaporite mineral, a hydrated sulfate of potassium, calcium and magnesium with formula: K2Ca2Mg(SO4)4·2H2O. Polyhalite crystallizes in the triclinic system, although crystals are very rare. The normal habit is massive to fibrous. It is typically colorless, white to gray, although it may be brick red due to iron oxide inclusions. It has a Mohs hardness of 3.5 and a specific gravity of 2.8. It is used as a fertilizer.
Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world's biggest lithium producer.
Searles Valley Minerals Inc. is a raw materials mining and production company with corporate offices in Overland Park, Kansas. It is owned by the Indian company Nirma. It has major operations in the Searles Valley centered in Trona, California where it is the town's largest employer. The company produces borax, boric acid, soda ash, salt cake, and salt. It also owns the Trona Railway.
The Dead Sea Works is an Israeli potash plant in Sdom, on the Dead Sea coast of Israel.
Chemische Fabrik Kalk (CFK) was a German chemicals company based in Kalk, a city district of Cologne. The company was founded in 1858 as Chemische Fabrik Vorster & Grüneberg, Cöln by Julius Vorster and Hermann Julius Grüneberg and was renamed to Chemische Fabrik Kalk GmbH in 1892. At times the company was the second-largest German producer of soda ash and was, with almost 2400 employees, one of the largest employers in Cologne. For decades the chimneys and the water tower of the factory dominated the skyline of Cologne-Kalk.
Coloured Ties Capital Inc., formerly known as GrowMax Resources, is a Canadian mining and speciality chemicals and minerals company.
Sifto Canada, Sifto Salt, or simply Sifto Salt Canada is a salt mining and marketing company based in Canada, with its primary products being table salt, fine evaporated salt, water conditioning salt, agricultural salt, and highway deicing salt. Sifto Canada is wholly owned by Compass Minerals.
Bromine production in the United States of 225,000 tonnes in 2013 made that country the second-largest producer of bromine, after Israel. The US supplied 29 percent of world production. Since 2007, all US bromine has been produced by two companies in southern Arkansas, which extract bromine from brine pumped from the Smackover Formation. At an advertised price of US$3.50 to US$3.90 per kg, the US 2013 US production would have a value of roughly US$800 million.
Leonite is a hydrated double sulfate of magnesium and potassium. It has the formula K2SO4·MgSO4·4H2O. The mineral was named after Leo Strippelmann, who was director of the salt works at Westeregeln in Germany. The mineral is part of the blodite group of hydrated double sulfate minerals.
Brine mining is the extraction of useful materials which are naturally dissolved in brine. The brine may be seawater, other surface water, groundwater, or hyper-saline solutions from several industries. It differs from solution mining or in-situ leaching in that those methods inject water or chemicals to dissolve materials which are in a solid state; in brine mining, the materials are already dissolved.
The Qarhan Playa or Salt Plain, also misleadingly described as Qarhan Lake, is a playa in the Golmud and Dulan counties of Haixi Prefecture, Qinghai, China. Formerly a single unitary lake, it is now an expansive salt flat divided into four greater sections which contain a number of smaller salt lakes, the largest of which is Dabusun Lake. The area is heavily exploited for its valuable salt, mineral, and rare earth reserves but parts are also protected as a national park and contribute to regional tourism.