Monday, September 29, 2008

"'The Canadian aggregate exports into the California market business model is still really in its infancy,' said Leong, aiming to start production in a year or two. 'Ten years from now, I think that any producer of aggregates that can put it on large bulk carriers will be at maximum production for a long, long time.'

Polaris and Leong pointed to a 2006 California geological survey study that found the current reserves will satisfy only 32 per cent of its projected demand over the next 50 years, creating plenty of demand for B. C. product."

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