Wow, you guys got my attention, I'm a big time user of IMR 4350 and my stock is all old and is made before hodgdon took over the IMR line. So just checked mine and last 8 pound can I bought in 94? still smells good and has no red dust. Good advice from stimpylu32, slufoot, and autorim, sounds like it has deteriortrated or something, maybe give them a call, or just throw it out and get a new can. Not worth the risk.