Intercontinental Mining is a Kazakhstan Barite Mining Company of High Grade/High Quality Barite for the Global Oil Services Industry & Oil Drillers in: Kazakhstan, Russia, China, India, Canada & The United States of America. Established in 1996, The Company Develops a Barite Deposit to Feed the Global Oil Demand.
The mining company, founded in 1996 provides superior customer service and tremendous value for the oil industry with high grade Specific gravity: 4.2–5 American Petroleum Institute specification API 13/ISO 13500. высокое качество, высокий класс барит для бурения нефтяных скважин компании.
What is Barite?
Baryte or barite (BaSO4) is a mineral consisting of barium sulfate. The baryte group consists of baryte, celestine, anglesite and anhydrite. Baryte is generally white or colorless, and is the main source of barium. Baryte and celestine form a solid solution (Ba,Sr)SO4.
The global barite market, with a CAGR of 5.8% expected between 2015 and 2023, is expected to reach an overall value of US$1.84 billion in 2023. The market’s value in 2014 was US$1.11 billion.
Facts About Barite
The U.S. government lists Barite as a National Strategic and Critical Mineral (National Strategic and Critical Minerals Production Act of 2013).
Currently, the United States is nearly 100 percent reliant on foreign countries, such as China, for rare earth elements and other critical and strategic minerals that are vital components to America’s manufacturing sector.
Critical and strategic minerals are fundamental components of technologies and everyday items ranging from cell phones, computers, medical equipment, renewable energy products, high-tech military equipment, building materials, and common household products.
Barite- National Strategic and Critical Mineral
The National Strategic and Critical Minerals Production Act (H.R. 761), allows the United States to more efficiently develop the US’s strategic and critical minerals, such as rare earth elements, that are vital to job creation, American economic competitiveness and national security.