Fly Ash Agreement Focuses On Beneficial Use

Rhea-AI Summary

CR Minerals has partnered with OG&E, a subsidiary of OGE Energy Corp (NYSE: OGE), to utilize fly ash from its River Valley power plant in Spiro, OK. This arrangement will facilitate the production of CR Minerals' Tephra® RFA (Remediated Fly Ash) product at a new facility in the Dallas-Fort Worth area. The collaboration aims to address the demand for high-quality fly ash in Texas and Oklahoma's construction industry while promoting environmental sustainability and reducing OGE's ecological footprint.

Positive

• Partnership with OG&E improves market presence in Texas and Oklahoma.
• Production of Tephra® RFA addresses high demand for fly ash in the Dallas-Fort Worth area.
• Enhances environmental stewardship by reusing fly ash, reducing waste.

Negative

• None.

FORT WORTH, Texas, May 13, 2021 /PRNewswire/ -- CR Minerals Company, LLC today announced that they have reached an agreement with OG&E, the electric utility subsidiary of OGE Energy Corp. (NYSE: OGE), on the beneficial use of fly ash from OG&E's River Valley power plant in Spiro, OK.

CR Minerals plans to use fly ash produced from the River Valley plant in their patented Tephra® RFA (Remediated Fly Ash) product.  The material will be manufactured at a new facility to be constructed in the Dallas-Fort Worth metroplex. 

"We are very excited about working with OG&E," said Jeffrey Whidden, President of CR Minerals Company.  "Repurposing this fly ash into a commercial product enables our company to better serve the Texas and Oklahoma marketplace.  The Dallas-Fort Worth area particularly has experienced a lack in the availability of stable, high-quality fly ash for the construction industry.  Our goal is to expand our business model and bring our patented Tephra® RFA product to this market and others that require supplementary cementitious materials."

"Through this agreement, OG&E continues its commitment to environmental stewardship," said Cristina McQuistion, OGE Energy Corp. Vice President of Corporate Responsibility and Stewardship. "This valuable reuse of fly ash benefits the construction industry and our regional economy while reducing OGE's environmental footprint."

About CR Minerals Company, LLC:  CR Minerals Company is a global leader in pumice products and is a manufacturer of pozzolanic materials (natural pozzolans and patented, remediated fly ashes) for the construction and oil and gas industries.  CR Minerals has operations in New Mexico and Colorado and is based in Fort Worth, Texas.

For more information about CR Minerals, visit us at http://www.crminerals.com or follow us on LinkedIn: www.linkedin.com/company/cr-minerals-company-llc.

View original content:http://www.prnewswire.com/news-releases/fly-ash-agreement-focuses-on-beneficial-use-301291199.html

SOURCE CR Minerals Company, LLC

FAQ

What is the agreement between CR Minerals and OG&E?

CR Minerals has reached an agreement with OG&E to utilize fly ash from its River Valley power plant for the production of Tephra® RFA.

How will the partnership benefit the construction industry?

The partnership will provide a stable supply of high-quality fly ash, which is in demand for construction in Texas and Oklahoma.

What is Tephra® RFA?

Tephra® RFA is a patented Remediated Fly Ash product developed by CR Minerals for use in construction.

When will the new facility for Tephra® RFA production be constructed?

The new facility for producing Tephra® RFA will be located in the Dallas-Fort Worth metroplex; specific dates for construction are not provided.

How does this agreement impact OGE Energy's environmental goals?

This agreement supports OGE's commitment to environmental stewardship by repurposing fly ash, thus reducing their environmental footprint.