Spruce Pine, North Carolina Quartz Shutdown
This is a North Carolina news story, published by CNBC, that relates primarily to Spruce Pine news.
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Spruce Pine recoversCNBC
•How a tiny town hit by Helene could upend the global semiconductor chip industry
83% Informative
Spruce Pine , North Carolina , has no running water or electricity, more than a week after Hurricane Helene ripped through the town.
Mines in the town produce the world's purest form of quartz, which plays a central role in chip manufacturing.
"If something were to happen to these mines, it can put the entire industry on its ear, period," one industry expert said.
The longer it takes for Spruce Pine's mining industry to get back to work, the bigger the impact will be.
The crucibles that quartz is used to create have a shelf life of about 300 to 400 hours or roughly two weeks before they need to be replaced.
As a result, there could be some lag before chip manufacturers are hurting for more.
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