Because of the expense of energy when firing brick.
The U.S. is so awash in natural gas that many oil producers are flaring it off and not even bothering to capture it. In some cases, it's becoming a nuisance and natural gas prices have dropped below zero-
https://www.reuters.com/article/us-natgas-pipelines-flaring-explainer/explainer-why-are-us-natural-gas-prices-in-texas-below-zero-idUSKCN1RL2NL
India doesn't even come close.
Brickworks / Glen Gary acquisition mentioned in news article on wages, page-18
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $200.4M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.2¢ | $769.0K | 17.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120000 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 403482 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FBR (ASX) Chart |