Compass Mining is certainly aware that Dynamics has been discussing its legal dispute with Compass via social media, including via multiple Twitter Spaces events. Dynamics operates approximately 1% of Compass Mining’s contracted capacity, and each one of these valued customers is vitally important to Compass.
We take this matter very seriously, as our priority is always with our customers' success. Many of Dynamics’s statements on social media are completely incorrect, lack any factual support and create further damage to Compass. Compass vehemently denies Dynamics’ allegations. It appears that Dynamics misunderstood the contracts that it signed with respect to its facilities and its obligations thereunder. Compass has performed all of its obligations under its contracts with Dynamics, including its financial obligations.
To be clear, Compass has made, and will continue to make, reasonable attempts to resolve this matter privately. Nevertheless, Compass firmly believes that the lawsuit it has filed--including its request for expedited relief to protect its interests and the interest of its customers--is the proper forum to resolve any disputes, and that the court will vindicate Compass’s position. We look forward to obtaining a positive resolution for our customers.
Compass Mining Denies Dynamics Facility Allegations
Compass has performed all of its obligations under its contracts with Dynamics, including its financial obligations.