MSC Minerals Corporation Limited-Green Cement Products
STOCK EXCHANGE ANNOUNCEMENT
AUSTRALIAN CHINA CLAYS
“Green Cement Products”
Exclusive Supply Contract Signed
for High Growth Middle East Markets
Minerals Corporation is pleased to announce the signing of a 5 year renewable
exclusive supply agreement for the very high growth Middle East markets of Saudi
Arabia, Kuwait, Bahrain, Qatar, United Arab Emirates and Oman. In spite of subdued
growth expectations in major global construction markets, these rapidly developing
concrete product markets are forecast to grow by 40% in volume within 5 years. The
UAE Masdar new “green city” project alone is budgeted at US$22 billion. We are
cautiously confident of winning an attractive proportion of business in the various
cement sectors in this region and are in dialogue with a number of interested target
customers.
C V Alexander
Managing Director
About MSC:
MSC has commissioned a world class china clay (kaolin) project at Skardon River, in
northern Queensland which is currently in the marketing roll out stage. Additional
premium quality kaolin projects are being developed in China and Western Australia
which will transform MSC into a leading regional based supplier with a full range of
exceptionally high grade kaolin products for the paper, paint, concrete, polymer,
cosmetic, pharmaceutical and ceramic industries focused on S. E. Asia and selected
world markets.
Contacts: Vic Alexander, CEO Tel: 02-9290 2400
history links
related links
- MINERALS CORPORATION(MSC.ax) TO EMERGE AS ONE OF THE WORLD’S LEADING CHINA CLAY COMPANIES
- ASX stock Search Results:Annual turnover more than 200%
- HCY-SOLID NICKEL & COBALT DRILL RESULTS AT CANEGRASS
- GSF ACQUISITION OF ZAMBIAN MINERAL PROJECTS FROM LONZOLOZA
- BFE wants to acquire AICO Ado Ibrahim Mining Company Ltd (AICO)