VRX Silica is focused on supplying the global demand for silica sand.
VRX Silica identified the silica sand shortage in the Asia-Pacific region as a unique opportunity for Western Australia. The shortage, which is predicted to worsen with dwindling local supplies and increasing demand, has caused an increase in price. The Asia-Pacific region accounts for 47% of global demand for silica sand and is predicted to grow by 6.1% to 138 million metric tonnes in 2019 according to Freedonia Group.
Western Australia is well positioned to meet this rising demand in Asia-Pacific markets for silica sand.
29/07/2021 11:20:00
The securities of VRX Silica Limited (‘VRX’) will be placed in trading halt at the request of VRX, pending it releasing an announcement. Unless ASX decides otherwise, the securities will…
