North Compaction Project

Overview

We are proceeding with construction of a new compaction plant to replace our current compaction facility at the North plant. The North compaction project is expected to be completed in two phases to coincide with the anticipated production increases from the HB Solar Solution mine and the expansion of mining and milling capacity at the West mine, with completion of the first phase planned for early 2013 and completion of the second phase planned for 2014.

Total capital investment for the project is expected to be approximately $95 to $100 million.