American gilsonite
American Gilsonite operates as an industrial minerals company and is the world’s primary miner and processor of uintaite, a variety of asphaltite, a specialty hydrocarbon which AGC markets to industrial customers under name of “Gilsonite”. Gilsonite is a glossy, black, solid naturally occurring hydrocarbon similar in appearance to hard asphalt and is believed to be found in commercial quantities only in the Uinta Basin in northeastern Utah. Because of its unique chemical and physical properties, Gilsonite has been used in more than 160 products. The Company sells its products to customers in four primary markets:
- (i) oil and gas
- (ii) inks and paints
- (iii) foundry
- (iv) asphalt
AGC is headquartered in Bonanza, Utah
Leading worldwide in the extraction and processing of a special and precious type of asphaltite, American Gilsonite Company (AGC) has established themselves Exclusive to the Uinta Basin in northeastern Utah, this naturally occurring hydrocarbon—known for its glossy, black look—is Gilsonite is a rare mineral with flexible chemical and physical characteristics that makes it an essential component in many different kinds of industry use. From extending the lifetime and quality of inks, paints, and coatings to optimizing the performance of drilling fluids in the oil and gas sector, Gilsonite is indispensable in many different fields.
The fact that AGC can use foundry and asphalt’s specialty industries emphasizes even more the value of Gilsonite. Gilsonite is essential for premium metal castings in the foundry sector since it enhances mold release and surface finish, therefore improving their properties. It is utilized to create more robust and lasting pavements in the asphalt market that can resist high traffic and strong weather. AGC, with its headquarters in Bonanza, Utah, keeps innovating and extending Gilsonite’s uses, therefore strengthening its role as a major participant in the world industrial minerals market.