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SMC to Increase Sodium Cyanide Prices

14-Dec-2011

Special Materials Company announced that effective January 1st, 2012 it will increase the price of its sodium cyanide grades to all its customers by $0.20/LB ($0.44/KG). The increase is necessary due to current market conditions driven by the impressive rise of gold prices.

According to SMC officials, “We have always worked very hard to offer our customers products at affordable prices and have already implemented a strategy to diminish the price increase.”

Special Materials Company is relocating immediately its entire inventory of sodium cyanide from a public warehouse to its owned-and-operated facility in Kershaw, SC. In addition, SMC will gain complete control of the security and supply chain management of this hazardous product.

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