Mineral markets' boom and bust over says report...Last orders for Domfer
Canadian iron powder producer Domfer Metal Powders is processing its last few sales orders before closing for good, as presaged by an MPR Newsflash in August...
Mainstream operations ceased in mid-September. Most of the 75 employees have been made redundant.
The closure of the LaSalle, Quebec, company where annual production was estimated at around 20 000 tons, was brought about by legal action from local residents complaining about noise and dust. Asset liquidation is expected in the first quarter of 2008. President Ken Stodola is to retire.
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