Does SUV still own the sand asset? Who is the biggest Silica miner in WA, I think we are now the only game in town? I may have to get back in now.
https://unauthorised investment advice/resources/the-potential-life-changers-on-tolga-kumovas-radar-in-2021/?supply has tightened in other parts of the worldamp&__twitter_impression=trueAsked to offer up a sleeper industry, Kumova went a little leftfield – tosilica sands.
The necessary component of concrete is abundant in parts of Western Australia, butto the point where a‘sand mining mafia’has reportedly emerged in India.
“You’ve got this little industry emerging in WA that no one’s really paying attention to, but I think over the next couple of years we’re going to see a lot of business, particularly since you don’t really have to do much with it,” Kumova said.
“It’s DSO, and silica prices have almost doubled in the last 12 months. I think this is a market where people will wake up one day and go ‘how did I miss this?’, or ‘lucky I got on early’.”
