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railcar inventory. Mechanical completion was achieved in 2025, and we sent the first ore from the new mine to the Conda plant late last year. Through this process, we have maintained utilization rates at the plant at or above 100 percent and funded all the expansion capital through operating cash flows, all while maintaining industry-leading safety metrics.”
On the topic of safety, David details how Itafos embeds its principles in the company’ s culture.“ We’ re focused on getting everyone who works here, whether they are full-time employees or contractors, home safely every day,” he states.“ We’ re constantly evaluating our practices and systems, learning from times when things don’ t go to plan. We empower people to stop work if they see anything of concern, and we don’ t restart until the question has been answered or the problem has been solved.”
Similarly, Itafos adopts an employee-centric mentality when it comes to sustainability.“ Our employees and contractors all live where they work and they live there for a reason: Idaho is beautiful and the local environment has a tremendous amount to offer to the folks living there,” David highlights.“ Our work is
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