Hurricane Helene disrupts key quartz mine in North Carolina for semiconductor production

Hurricane Helene has impacted a key quartz mine in Spruce Pine, North Carolina, essential for semiconductor production. The storm caused flooding and damage, leading to the shutdown of mining operations by Sibelco and The Quartz Corp since September 26. Both companies reported minimal direct damage to their facilities but face challenges due to local infrastructure and power outages. They have stockpiles of quartz and finished products to mitigate short-term supply issues for semiconductor manufacturers. Major chip makers like TSMC and Samsung do not expect disruptions, citing diverse supply chains and sufficient stockpiles. Alternative quartz sources exist, but Spruce Pine remains crucial due to its unique quality and price.