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Xinmian H

Report: Fresno area aggregate supply slipping - 0 views

  • Fresno County's current aggregate reserves are not expected to last very long
  • , there are 46 million tons of permitted aggregate reserves, less than 11 percent of the 50-year demand of 435 million tons.
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    This article talks about how Fresno's supply of the raw material required to make concrete, asphalt, road base and other building products is decreasing quickly. Since this raw material is used by a majority of industries, the decreased supply will have a significant effect.
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    This article is about how the aggregate supply in Fresno County is reducing due to the lack of reserves of raw materials such as mines. The aggregate reserves is less than 11 percent of the 50 year demand, and mining operations are estimated to have less than 10 years to end. If mines can run out, so can oil and gas. We should be alarmed that our aggregate supply of country might also decrease due to lack of oil.
Paul J

SPCC: Cu Market Reaching Equilibrium, Peru,Regional, Mining, news - 0 views

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    This is a great article about the copper market, and how it is attempting to reach equilibrium. They had been stuck in a period of oversupply, and there had even been rumors of productions cuts to compensate for the oversupply; however, all such rumors have been dismissed as consumption is on the rise and they expect that equilibrium will soon be met.
anonymous

CIL coal price pooling not acceptable to Bengal government - 0 views

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    This really short article, i think, represents the real world problems of price marketing on a global scale. There is a bit of tension between two country's, West Benegal and India, over the price of coal. India is not cooperating with their usual partner to lower the price, and Benegal thinks that the importing cost is insanely high, thus we have a bit of a problem.
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