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Cyanco Announces Completion of Nevada Expansion.

April 25, 2011

HOUSTON, April 25, 2011 /PRNewswire/ — Cyanco Holding Corporation (“Cyanco”) announced today that it has completed expansion projects at its two sodium cyanide plants in Winnemucca, Nevada increasing total capacity from 40,000 tonnes per year to 70,000 tonnes per year. This completes an effort initiated two years ago to ensure Cyanco’s ability to supply increasing demand from its customers in the United States and Canada. Cyanco operates two independent plants at its Winnemucca facility. The first plant began operations in 1990 and the second plant in 1997.

In addition, Cyanco has received certification under the International Cyanide Management Code (“ICMC”) for a new supply chain for rail shipments from Nevada to its terminal in Cadillac, Quebec (for more information on the “Code” please visit the ICMC website at www.cyanidecode.org). Cyanco has fully established this new supply chain and is supplying its customers in Eastern Canada from the expanded Winnemucca plant via the Cadillac terminal.

John Burrows, President and CEO stated, “Completion of our Winnemucca expansion ensures Cyanco’s ability to meet the needs of our customers in the United States and Canada and to support growth in those markets. Cyanco remains committed to delivering a reliable supply of product to our customers and providing those customers with technology for the safe and effective use of sodium cyanide.”

Cyanco is the leading supplier of sodium cyanide to the mining industry in the United States and Canada. The company operates two independent plants at its Winnemucca, Nevada site and a terminal in Cadillac, Quebec. The company was formed in 2008 when Oaktree Capital Management acquired Nevada Chemicals and purchased Degussa’s (Evonik’s) sodium cyanide business in the U.S. and Canada. Cyanco has been a leader in the development and implementation of the International Cyanide Management Code (ICMC) and is represented on the Industry Advisory Group to the International Cyanide Management Institute. All of Cyanco’s facilities are ICMC certified. In addition to being a sodium cyanide producer, Cyanco, through its Applied Technology unit, provides consulting services, laboratory support and cyanide detoxification technology to assist its customers throughout their use of its products.

Contacts:

Bob Warriner, Vice-President Marketing and Sales
775-853-4300 ext. 103
bob.warriner@cyanco.com
John Burrows, President & CEO
775-853-4300 ext. 101
john.burrows@cyanco.com

SOURCE Cyanco Holding Corporation


Source: newswire



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