Document rVdOdx5MMOj6YZvBGezvO73E

CAMC-Logiudice-002596 < A TRADITION OF WORLDWIDE LEADERSHIP TARGETED SALES AND MARKETING Cyprus Industrial Minerals Company is a company enriched by its history, proud of its leadership, founded on its competitive achievement. You might say we began in 1914, when the Paga Mining Company sold its first barite ...or in 1917, when the Booth family started the Sierra Talc Company. We've always incor porated the leaders; we've always been the best name in the business. We are a market driven company. This means that we have structured our organization functionally to ad dress not only your specific application needs but also your marketing performance standards. Custom speci fications, just-in-time deliveries, variable order sizes, special shipping requirements -- these are just some of the values you get from a working relationship with Cyprus. You get a lot more, too. Today we're part of Cyprus Minerals Company -- an Custom er Satisfaction. Total customer satisfaction international natural resource company. Cyprus con is our goal. Our technical skills, our engineering capa ducts exploration, production and marketing activities bilities, our manufacturing capacities, our financial worldwide in industrial minerals as well as metals and strength are ail targeted to achieve this. Why? Be coal, Cyprus is the largest talc producer in the United cause we know that when we develop a close, interac States and the second largest in the world. tive, long-term relationship with our customer... when we enjoy a working partner COST EFFECTIVE ship, we are able to success TALC AND BARYTES fully alig n our products to thei r PRODUCTS needs. In other words, we Staying competitive. Today it requires more than just streamlining your opera tions and processes; it don't sell products, we sell performance. And our com petitive advantage lies in the relationships which we build. takes timely implementa Q uality Assurance. Many of tion of technological ad today's producers require raw vances ... advances that materials with demanding not only improve product specifications. Sometimes performance but also lower even a slight variation in one costs. of the material components Cyprus Industrial Minerals Company is structured to help you compete. We have focused considerable can cause significant prob lems. We are sensitive to this fact, andwehavedonesomething about it. financial and human re- Our manufacturing opera sourcesto address the role tionsareresponsibleforturn- of raw materials in the pro ing out products that consis cesses and products of tently conform to specifica specific industries -- your industry. As a result, we have developed an impres Our Yellowstone Mine in Montana produces the highest quality talc in the western hemisphere. tion. Our program here is straight-forward Statistical Process Control (SPC). First, sive selection of advanced industrial mineral products we conduct regular and frequent in-process sampling that not only perform predictably and consistently, but and testing, insuring adherence to our high quality also contribute significantly to enhance end-use prod standards. This means that at every production stage uct properties and reduce material cosls. we monitor key process variables; we collect hourly When you purchase Cyprus products, you add a technology and quality driven organization to your team ... a company with the talent and expertise, skill and experience to help you optimize your raw material use. We recognize and understand the product and processing problems and opportunities that you face. Over the years, we have worked with state-of-the-art techniques and technologies to create many new and samples, lot samples or random samples, depending upon the equipment in use. Then, using advanced computers and software, we generate X-bar and Ft charts, process capabilities and frequency histograms. This allows us to precisely monitor process stability and, consequently, maintain product consistency ... assuring our customers of products that are within specification every time. unique products... products that have bridged the gap Sales. Our sales representatives have know-how; between effective and cost-effective. they understand your industry, your processes and I CAMC-Logiudice-002597 lutions, and perform cost/benefit analyses. Their job is to simplify and facilitate your decision making. Research and Development. Cyprus is an innovative company. Since the early 1920's, we've taken the initiative to create, to bring new technology to the marketplace. We introduced ultra-fine grinding in the 50's, energy efficient processing in the 70's and me chanical sorting in the 80's. Today, our Technical Center conducts exhaustive, customer oriented appli cations research. We're constantly investigating new production techniques to develop better periorming industrial minerals products. OVERALL BENEFITS Stellar 400, as this micrograph shows, is a very platy talc with a high aspect ratio. The principal benefits of a working partnership with Cyprus are the maximization of value and the reduc tion of risk. Abundant reserves and ample product inventory, combined with stringent quality controls and courteous service assure our customers of continu ous, predictable and reliable performance. TO PLACE ORDERS products, your marketplace ... they speak your lan guage. They can contribute constructively to solving many of the practical performance problems you may be addressing right now. Marketing Services. We believe that the sale Is merely a single event in a continuum of marketing services. The things leading to a s a le - need definition, research and consultation, product identification, or der size and configuration - must be seconded with smooth order processing, efficient handling, suitable Inventory, reliable delivery, proper packaging, and appropriate pricing. Western Talc 800-525-TALC(8252) Vermont Talc Windsor & Chester Johnson Barytes 800-852-6868 303-643-5440 800-348-3421 800-521 -3545 404-387-0319 CYPRUS Technical Services. The way our products work depends upon the application. Different industries -- indeed, different products within the same industry -- use different pro cessing systems and different ma terial components. Because our technical service representatives' are highly skilled experts, they have the ability to assist you in applying the appropriate scientific knowledge to your unique product applications. They can help you tackle difficult problems, demonstrate effective so- At Cyprus' Technical Center our elec tron microscope is one of many tools used to examine how our products perform for our customers. I CAMC-Logiudice-002598 Cyprus Industrial Minerals Company operates ten talc and barytes mines throughout the U.S. We also import ore from the Pacific Basin and Western Europe. Our U.S. mills are located in Three Forks, Montana; Western Source, California; Grand Island, Nebraska; Houston, Texas; Alpine, Alabama; Cartersville, Georgia; Johnson, Vermont; Chester, Vermont; Columbia, Vermont; and Windsor, Vermont. Our European mills are located in Ghent, Belgium and Malaga, Spain. CORPORATE HEADQUARTERS Cyprus Industrial Minerals Company 9100 East Mineral Circle Englewood, Colorado 80112 __ h n h -M h -fio o o fa x : TECHNICAL SUPPORT Cyprus Technical Center 8985 East Nichols Englewood, Colorado B0112 FA X : 3Q3 -799-B926. CAMC-Logiudice-002599 CAMC-Logiudice-002600 Above L e ft: Cyprus products are shipped by rail and truck,,. bulk and packaged; we provide an excellent selection o f distribution options that are appropriate to each of the industries we serve. Above: Our customers not only work with our technically trained marketing managers but also interlace directly with our scientists and engineers. F ar Right: At Cyprus' Technical CAMC-Logiudice-002601 Slaying competitive. Today it requires more than just streamlining your operations and processes; it takes timely implementation of technological advances ... advances that not only improve product performance but also lower costs. Cyprus Industrial Minerals Company is structured to help you compete. We have focused considerable financial and human resources to address the role of raw materials in the processes and products of specific industries -- your industry. As a result, we have developed an impressive selection of advanced industrial mineral products that not only perform predictably and consistently, but also contribute significantly to enhanced end-use product properties and reduced material costs. Cyprus is an integrated, international, natural resource company. We mine, beneficiate and market talc, chlorite and barite. When you purchase Cyprus products, you add a technology and qualify driven organization to your team ... a company with the talent and expertise, skill and experience to help you optimize your raw material use, We recognize and understand the product and processing problems and opportunities that you face. Over the last several years, we have worked with stateof-the-art techniques and technologies to create many new and unique products ... products that have bridged the gap between effective and cost-effective. We stand behind our products with an innovative, capable and concerned group of scientific and tech nical professionals. And we have implemented comprehensive sales and marketing support systems that assure our customers of responsive, responsible lA/rt An/iAiirnnn uni I in [vCl CAMC-Logiudice-002602 ran We are a market driven company, organized along industry lines. This means that we have structured our organization functionally to address not only your specific application needs but also your marketing performance standards. Custom specifications, just-in time deliveries, variable order sizes, special shipping requirements -- these ar jus! some of the values you get from a working relationship with Cyprus. You get a lot more, too. Total customer satisfaction is our goal. Our technical skills, our engineering capabilities, our manufacturing capacities, our financial strength are all targeted to achieve this. Why? Because we know that when we develop adose, interactive, long-term relationship with ourcustomers ... when we enjoy a working partnership, we are able to successfully align our products to their needs. In other words, we don't sell products, we sell performance. And our competitive advantage lies in the relationships which we build. Sales. Our sales representatives have know-how; they understand your industry, your processes and products, your marketplace ... they speak your language. They can contribute constructively to sol ving many of the practical performance problems you may be addressing right now. We are currently focused on these industries: pulp and paper; cosmetics and pharmaceuticals; plastics, elastomers and rubber; paint, coatings, adhesives, sealants and caulks; roofing, flooring and other architectural building products; ceramics; and agricullural products. Marketing Services. We believe that "the sale" is merely a single event in a continuum of marketing services. The things leading to a sale -- need definition, research and consultation, product identification, order size and configuration -- must be seconded with smooth order processing, efficient handling, suitable inventory, reliable delivery, proper packaging, and appropriate pricing. Technical Services. The way our products work depends upon the application. Different industries -- indeed, different products within the same m industry -- use different processing systems arwff e fr different material components. Because o u r ~ J technical service representatives are highly skilled experts, they have the ability to assist you in applying the appropriate scientific knowledge to your unique production applications. They can help you tackle difficult problems, demonstrate effective solutions, and perform cost/benefil analyses. Their job is to simplify and facilitate your decision making. Product Development. Cyprus professionals are highly trained individuals, dedicated to developing ancf marketing products specific to your particular needs ... both short-term and long-term. You are our principal source for new product ideas. We listen to you, and we put our extensive experience and expertise to work. In fact, because we operate a sophisticated n iln t nrnrti i n t i n n farrlitw in Alnlnf* A la b a m a Wfi r f l n CAMC-Logiudice-002603 Our resources, our processing, and tarketingorganization are inter si. If a customer needs us at 8am loim time, or 4pm Tokyo time, we it ie right information at the right lime, e L ett: We can demonstrate how c and chlorite products can impari \rmai expansion, dielectric capacity, j resistance and other beneticial 'ties in ceramic products b y measesults from temperature controlled rials. The principal benefits of a working partnership with Cyprus are the maximization of value and the reduction of risk. Abundant re serves and ample product inven tory combine with stringent qual ity controls and courteous service to assure our customers of con tinuous, predictable and reliable performance. The Cyprus Technical Center is a vital part of our formula. Cyprus scientists, engineers and tech nicians regularly examine, assess and optimize our own processing and beneficiation systems, our own products as well as the products which our customers produce. With an impressive array of test ing equipment to evaluate the properties and characteristics of your finished prod ucts, we can help you determine the most cost effective balance of raw materials and manufacturing processes. Product Definition. At our Technical Center we evaluate each of or crude sources, each mine deposit, to identify its inherent, chemical, mineral and physical properties. From this data, we assess usage and performance suitability. Then working with other departments, we optimize processing and transportation systems together with packaging and distribution requirements to determine the most cost effective product mix. Once we have determined which products we will produce, we define the technical data. - Problem Solving. We recognize that the role of talc, chlorite and barite minerals in finished goods is changing. Increasingly, they are exploited to impart important performance qualities in addition to their expected cost containment advantages. We also recognize that our customers' needs are not alike; each has unique technical re quirements. At Cyprus' Technical Center, we'll help you select our most appropriate product and, sometimes, we'll develop a new one for you. With your specific application in mind, we first consider the natural characteristics of our products - crystalline structure, morphology, color, etc. Next, we optimize key product variables particle size, particle size distribution, surface reactiv ity, purity, wetting behavior, and the like. The ultimate benefit of these problem solving efforts has been cost saving, performance enhancing products for each of our customers. Research and Development. Cyprus is an innovative company. Since the early 1920's, we've taken the ini tiative to create, to bring new technology to the mar ketplace. We introduced ultra-fine grinding in the 50's, energy efficient processing in the 70's and mechanical sorting in the 80's. Today, our Technical Center con ducts exhaustive, customer oriented research. We're c o n sta ntlv investioatinn ne w nrndnetinn technioues CAMC-Logiudice-002604 Many of today's producers require raw materials with demanding specifications. Sometimes even a slight variation in one of the material components can cause significant problems. We are sensitive to this fact. And we have done something about it. We tightly control purity, brightness moisture content, particle size, sur face area, chemical and mineral char acteristics and other properties. Conse quently, we can assure our customers of products that perform predictably and conform consistently to their specifications ... over and over, year after year. Achieving this level of quality control is the result of determined, systematic effort -- we have taken the initiative ... we have assumed the responsibility. And we are accountable to our customers. Our Quality Assurance Program is a comprehen sive combination of interactive systems. We have established objectives throughout our organization .. we have developed operational plans ... and every one at Cyprus is involved in the execution of these plans. Every individual, every department carries out specific quality functions; their duties and responsibili ties are identified and explained in our Quality Assur ance Manual. This allows us to manage quality. Our sales representatives start the process by care fully defining and analyzing a customer's particular needs and requirements. It is their responsibility to rec ommend the product that will optimize performance at the lowest delivered cost. Our Technical Center and marketing department work closely together to develop market driven products and to coordinate the dissemi nation of accurate product Information. The Technical Center tests and verities product quality, including physical properties and chemical and mineral analy ses. The marketing staff Is re sponsible for defining our products' features and. suit ability as well as for making the information useful for all of our customers. Our manufacturing oper ations are responsible for turning out products that cnriK istfintlv cnnfnrm In Rnnnifi- -: I CAMC-Logiudice-002605 wills utilize sophisticated trot panels; this m ates it to regularly monitor processes within the eftr In addition to sorting, we use highly wicians to inspect all of trior to processing. ght; Durability of paints igs is a function of the it. Using our Weathertich simulates long-term to user specified condican test various formuresistance to cracking, iling, chalking, etc, jse on-site computers to trrent data as well as to ind charts for our Quality Program. conduct regular and frequent in-process sampling and testing, insuring adherence to our high quality stan dards. This means that at every production stage we monitor key process variables; we collect hourly samples, lot samples or random samples, depending upon the equipment in use. Then, using advanced computers and software, we generate X-bar and R charts, process capabilities and frequency histograms. This allows us to precisely monitor process stability and, consequently, maintain product consistency ... as suring our customers of products that are within specification every time. Our engineering department is responsible for de signing, evaluating and installing state-of-the-art processes that will help us improve our capabili ties and effectiveness. Our controller's group Is responsible for de veloping and maintaining control systems to analyze and identify cost containment and capital improvement opportunities for en hancing quality, increasing efficiencies and reducing overhead. And finally our highly trained Quality As surance and Quality Control profession als are charged with overseeing and assist ing all of these departments ... they make sure that Cyprus quality is a reality. They provide the educational in p u t... they transform com plex theoretical concepts ' into simple, step-by-step regimens. They provide the performance standards ... they develop meaningful, useful and quantifiable meas urements. And they set the goals ... we aim high and, when we achieve that, we aim higher. Our Quality Assurance Program really works. We are ready, will ing and able to demonstrate its efficacy with every order. Upon your request we will give you a Certificate of Analysis containing the ac tual test results obtained during the processing of your order. Periodic SPC reports are also avail able. All you have to do is ask. We are both confi dent and proud of \our Quality Assur ance Program.We invite you to visit our operations, tn see fo r vnurself CAMC-Logiudice-002606 Talc is hydrous magnesium silicate (Mg3SI4O10(OH)2), a metamorphic mineral distinguished by its extreme softness. Pure talc has a simple, stable crystalline structure which strongly bonds in two directions ... the bond is weak in the third direction. Consequently, the atoms tend to align to create plate-like shapes with relatively high aspect ratios. The plates tend to stack one on another like pages in a book. However, the plates can be separated or delaminated quite easily; they simply slide apart. This explains why pure talc feels soft and slippery. But talcs are not necessarily pure talcs. A "talc" de posit may often contain a number of other naturally occurring minerals. Not only are there dramatic re gional differences -- talc from the State of Montana is not the same as talc from Vermont which is not the same as talc from Italy which is not the same as talc from Australia and so on ... but there are also impor tant distinctions between mines in the same region -- our Yellowstone talc is not the same as our Beaver head talc which is not the same as other talcs. The diversity of natural talc is principally explained by two interrelated phenomena. One is the circumstances surrounding the formation of the deposit. Pressure, heat, precipitation and time all impact the metamor phosis. The other is the presence of non-talc minerals such as calcite, dolomite, magnesite, and iron and aluminum oxides, to name a few. The result of the interaction of these phenomena within a deposit produces distin guishing characteristics and properties that are impor tant to talc product users. These attributes are some times so unique that they become a key to greater suitability and enhanced per formance in our customers products. Consequently, we view each of our many talc sources as a valuable reserve for individual product lines, each with inherent and significant chemical, mineral, and physical differences. Cyprus' resources span the globe. That's why we provide a matchless mix of talc product lines, offer ing unparalleled opportu nities to our customers. We have sources In Aus tralia, Italy, Spain and (In the United States) Ala bama, California, Mon tana, Vermont. And our processing facilities are ctrateninallv located for CAMC-Logiudice-002607 States) Alabama, California, Montana, Nebraska, Texas, Vermont, We offer more than one hundred talc prod ucts. We have very platy talcs, moderately platy talcs, and not-so-piaty talcs. We have U.S.P. and C.T.F.A. talcs. We have very organophilic, very hydrophobic talcs, yet we have talcs which are relatively hydrophilic. We have very bright, very white talcs and talcs that are neither bright nor white. We have benefici ated talcs, floated and purified talcs, as well as surface treated talcs. We scientifically select and carefully mine each of our resources not only to cost effectively maximize the natural qualities of the ore but also to optimize the production life of the deposit. Our capacities and capabilities are vitally important to our customers. We provide diversity of selection -- our customers get exactly what they need for their very specific applica tions; we also promise improved performance and much longer, more reliable usage horizons -- our customers can depend on consistent physical, chemi cal and mineral properties, order after order. In the following lists we have outlined our current crude sources and processing plant operations by location. We have also highlighted the salient charac teristics of the talc mineral from each resource as well as the principal applications of the various products produced there. RESOURCES YELLOWSTONE MINE (MT): Natural talc from this mine is processed to exceptionally high purity levels. We have installed new, proprietary technology to sort and grade crude talc. The inherent crystalline particle size is relatively small, making fine grinds with high surface areas very cost effective. Yellowstone talc is also particularly organophilic. Most of the products p: Our products can be :kaged in 50 poundbags. o ve L e ft: We also :kage in 2350 pound ni-bulk bags, ft: A micrograph ofStellar 1 shows the high aspect o (platiness) of our vlralian laic products, jht: Our Yellowstone le in Montana produces highest quality talc in the stern Hemisphere. CAMC-Logiudice-002608 produced here are used in industrial sectors -- we of fer pitch control products for the pulp and paper mar kets, processing aids and reinforcing fillers for elas tomers, and T i02 extenders and thixotropes for the paint and coatings market.- BEAVERHEAD MINE (MT): Since it's not far from our Yellowstone mine, the ore from Beaverhead dramat ically illustrates the natural diversity of talc. Beaver head talc is very white and moderately platy; the natural crystalline par ticle size is larger than Yellowstone's y iiT ^ y ^ H ^ - / but it processes easily to medium tine grinds. The products exhibit exceptional "slip" qualities due to the inherent platiness of the ore. Beaverhead products are widely used in specialty ceramics applications and plas tics where the combination of particle size and shape imparts useful and cost effective structural properties ANTLER MINE (MT): The ore from Antler is called chlorite. Natural chlorite is a bit like talc and a bit like clay, but it has major advantages over both. Like talc, it can be processed to an array of par ticle size distributions; it is platy and has slip. Like clay, it is 100% hydrophilic. Because of its unique package of properties, we've recently developed a special product for the paint and coatings industry called Maximix 6; it provides excellent flatting efficiency without extreme increases In viscosity, Our chlorite products are also valuable ingredients in ceramics, plastics, and adhesives applications. WINTERBORO MINE (AL): Natural talc in this deposit Is believed by many to be the softest in the world. We process and beneficiate our Alabama talc at our spe cialty, wet-processing facility in Alpine, Alabama. World-class cosmetic and pharmaceutical products are the result. TROY MINE (VT): This newly developed deposit is capable of supplying our needs well into the 22nd century. The inherent crystalline particle size is moder ate to large, enabling us to produce products which benefit both industrial and cosmetic applications. All the talc is beneficiated at our Johnson flotation proc essing plant; our products have high purity and con- Top: Our mines yield accessible, cost-effective ore, A b o v e (Left; At our Alpine, Alabama plant we start with the finest talcs in the world; we maximize their purity and optimize their intrinsic capabilities; the results ... the best looking, best feeling, best performing pharma ceutical and cosmetic products possible. A b o ve: We process and beneficiate talc and chlorite products at our Three Forks, Montana plant. R ight: Strict quality control is the CAMC-Logiudice-002609 .S* fi v -s/- j::'\> -:;^? hr ^ - A\ YTf e r l t i ' " ing essentially the same talc ore. The talc is character ized by its excellent slip and brightness. Selected out put is beneficiated to an ultra-high purity at our Wind sor flotation facility. These products are marketed to the cosmetics and pharmaceutical industries. Other output is dry processed for industrial usage; our em phasis Is to produce low cost, high value products. These selections are best suited for plastics and coat ings applications as well as building products such as roofing, flooring, caulks and sealants. WESTERN SOURCE MINE (CA): The ore from this mine is a talc/carbonate mixture. While it is not pure talc, the processed products are cost effective in the production of low-cost, industrial products. Applications include agricultural and construction supplies, caulks " and sealants, as well as maintenance coatings. VAL CHISONE MINE (ITALY): This deposit is known throughout the world for its extreme plati ness and outstanding slip. Described as a "macro crystalline" talc with flake-like features, it pos sesses an unusual physical characteristic ... it is translucent rather than opaque. We process our Italian talc products principally for the cosmetic mar ket. And they have become the esteemed world stan dard for pressed powders and other high quality cos metics. In addition, the macro-crystalline nature of our Italian talc has proven to be extraordinarily effective in imparting meaningful reinforcing and thermal proper ties to high-value, engineered plastics. MOUNT SEABROOK MINE (AUSTRALIA): Similar to the Italian talc in crystallinity and platiness, our Austra lian talcs are processed and beneficiated principally 1for the cosmetic market. However, we have recently introduced a new product line of Stellar talcs that have been specifically engineered for the plastics and specialty coatings markets. MALAGA MINES (SPAIN): Naturally moderately crystalline talc, the products from this deposit are used in a variety of industrial applications, including rubber, plastics, paints, caulks and sealants, CAMC-Logiudice-002610 O P E R A T IO N S TOYON (CA): We dry process talc from our California deposit, producing coarse ground products for indus trial markets. THREE FORKS (NIT): We process Yellowstone talc, Beaverhead talc, and Antler chlorite. Our products range from coarse 200 mesh to ultra-fine grades. All of Three Forks' production is directed to the industrial sector. Mistron Vapor is the major product from this, our flagship, operation. GRAND ISLAND (NB): Yellowstone talc, Beaverhead talc, Australian talc, and Antler chlorite are processed here. Product grades range from coarse 200 mesh to ultra-fine. We produce specialty coated as well as microbial-treated C.T.F.A. products. ALPINE (AL): Talcs from Beaverhead, Italy, Australia, and Alabama are processed through wet flotation and beneficiatlon systems to ensure the ultimate in purity and consistency. Most of this production is directed to cosmetic and pharmaceutical markets; the remainder goes to emerging, specialized industrial markets. JOHNSON (VT): Ore from Troy and other Vermont deposits are beneficiated using flotation systems. Most of these products serve in dustrial markets. CHESTER AND COLUMBIA (VT); We dry process talc from deposits in South ern Vermont, producing a wide variety of l i p ! grinds for industrial sectors. ' km WINDSOR (VT); We process talc from deposits in Southern Vermont using w e t ^ flotation/beneficiatian systems. Most of the products are directed to cosmetic and pharmaceutical markets. HOUSTON (TX): Australian ore is dry processed into medium and ultra- fine grinds for plastics and coatings. /? GHENT (BELGIUM): Talc from Spain, Mount Seabrook{Australia), and Yellowstone(Montana) is proc essed in grades ranging from coarse 200 mesh to ultra-fine. The diverse product mix from this facility serves a spectrum of European mar kets, including cosmetics and pharmaceuticals, plas tics, paints and coatings, rubber, pulp and paper as well as agriculture and building materials. MALAGA (SPAIN):Talc from our Spanish mines is dry ground to a wide range of products tor various Euro pean industrial markets. NIHON MISTRON (JAPAN): We ship crude talc from many sources, Including our Yellowstone mine, to two processing/beneficiation plants. A very wide selection Top: At our Technical Genfer, we research rubber products Cyprus products provide lubricity inside the rubber polymer, speeding up mold release as well as calendering and extrusion. Above: We use froth notation to beneficiate our talcs for cosmetic and pharmaceutical applications. A bove R ig h t: Our Paga mining operation near Cartersville, Georgia is celebrating its 75th year of operation. CAMC-Logiudice-002611 Barite, also referred to as barytes or heavy spar, is the most common compound of barium- Its chemical name is barium sulfate -- BaS04. In its natural state it normally occurs as a relatively soft, amorphous-like material, but it is also occasionally found in the crystal line form. . Barite is a dense mineral with a specific gravity of 4.5 when pure. Density and specific gravity are the princi pal attributes required for commercial applications. Cyprus offers products that are beneficiated to excep tional purity levels, resulting in specific gravities which approach the theoretical maximum. Barite is an attractive extender pigment due to its density, high refractive index, low abrasiveness, low oil absorption, and easy dispersing properties. It has a relatively high melting point of 1580 degrees Centigrade; It is extremely Insoluble in water and inert to both acid and alkali environments. Barite is commonly used in the manufacture of a variety of industrial products such as carpet backing, brake linings, and sporting goods. Other uses are found in the for mulation of industrial undercoats, auto motive primers, plastisols, acoustical compounds, urethane foams and fric tion products. RESOURCES PAGA MINE (GA): One of the richest areas in the world for high qualify barite is near Cartersville, Georgia. Our Paga Mine, an open-pit operation, is the old est and largest industrial grade barite producer in North America. With beneficiation, production from this mine is used exclusively by the industrial sector in high quality applications ranging from primers and undercoats to sound-proof ing composites for automobiles. IMPORTED CRUDE (CHINA): China is the country with the world's largest re serves of barium sulfate. Our ore can be processed to service an entire spectrum of industrial uses -- from coarse fillers to ultra-fine, high value pigments and extenders. OPERATIONS CARTERSVILLE (GA): Here the ore from our neighboring Paga Mine is purified by froth flotation and ground into fine and ultra-fine products. Two of our products, No. 22 Barytes and Barimite XF, have earned positions as standards for the industry. HOUSTON (TX): This plant processes the imported barytes from China. Coarse, fine. CAMC-Logiudice-002612 Cyprus Industrial Minerals Company is a company enriched by its history, proud of its leadership, found ed on its competitive achievement. You might say we began in 1914, when the Paga Mining Company sold its first barite ...o r in 1917, when the Booth family started the Sierra Talc Company. We also began as the Lawson Company, Bay Street Mill and many others. We've always incor porated the leaders; we've always been the best name in the business. Today we're part of Cyprus Minerals Com pany -- a billion-plus dollar, natural resource company. Cyprus conducts exploration, pro duction and marketing activities worldwide in industrial minerals as well as metals and coal. Its principal products include copper, gold, mo lybdenum, lithium and coal in addition to barite, chlorite, and talc. With approximately 6,500 em ployees, annual sales exceed one billion dollars EUROPEAN OPERATIONS 2 Scheepzateslraat 9000 Ghent - Zeehaven, Belgium Telex: 846-11518 CYPRUS B 91-500-911 PACIFIC AFFILIATE Nihon Mistron Company, Ltd. Top: The Sierra Talc Company, circa 1917... part of our valued heritage. CAMC-Logiudice-002613 IM PRO VING PRODUCT PERFORMANCE THROUGH TECHNOLOGY I CUSTOMER SERVICE (Toll-free U.S. numbers) Talc: (800) 525-TALC Chlorite: (800) 525-8252 Barite: (800) 525-8252 Inquiries: (800) 325-0299 ALL FACSIMILE TRANSMISSIONS (303) 643-5481 TELEX (303) 643-5168 (303) 643-5481 I CAMC-Logiudice-002614 I CAMC-Logiudice-002615