Explore the Increasing Demand for Aggregate Mining Production
Located in the counties of Alexander and Iredell in North Carolina, Fox Mountain Investors oversees a sprawling 304-acre expanse ready for development. The market reveals a moderate to high demand for aggregate, with an unmet gap of around 3.20 million tons. While the industry experienced a slight dip in 2020 due to the pandemic, projections now suggest a 4.7% annual growth in crushed stone production until 2028. With reserves exceeding 14 million tons, Fox Mountain Investors aims primarily at catering to the road construction sector while also serving the commercial and residential construction arenas.
Project Details:
- Fox Mountain Investors controls a 304-acre potential aggregate site in Alexander and Iredell, North Carolina.
- The market has a notable gap with 3.20 million tons of unmet aggregate demand.
- Crushed stone production is projected to experience a 4.7% annual growth through 2028.
- Over 14 million tons in reserves target both road construction and broader construction sectors.