The global sand export market is non-centralised and made up of many disparate clusters of activity collectively accounting for movement of 60 billion tonnes of sand annually.
Cauldron has secured and is in the process of transferring a mining lease and several exploration licences located on three of the largest river systems crossing the coast in central to northern Western Australia. These licences cover the mouths of the Fitzroy River at Derby, the Ashburton River at Onslow and the Gascoyne River at Carnarvon. The rivers drain a huge area of granitic rocks commencing from its respective headwater all the way to the project area, being the mouth of the river. Every time there is a flooding event somewhere in the catchment area, sand is deposited into the project area.
The global sand export market is non-centralised and made up of many disparate clusters of activity collectively accounting for movement of 60 billion tonnes of sand annually. To put this in context this is an amount ten times greater than the movement of coal, the next highest bulk commodity traded on a global scale. Nearly all the sand used in making concrete in southeast Asia is imported.
Cauldron stands to develop its River Sand Projects into an activity that generates cashflow through sales of material into the domestic market. It intends to grow from a relatively limited domestic supply into an international supplier of large volumes needed in the construction industry to make concrete.