In recent years, the price of China’s sand and gravel market has continued to rise, which directly affects the progress of project construction. What caused the tight supply of sand and gravel? There are 3 main reasons for the increase in the price of sand and gravel.
According to the U.S. Geological Survey (USGS), the total demand for sand and gravel in the U.S. in 2020 will reach 2.485 billion tons, which is basically stable compared with 2019. The total demand for sand and gravel in the U.S. has increased compared with 2015~2018 in the past two years.
A sand and gravel aggregate project with an annual output of 13.5 million tons in China’s Jilin Province will be put into operation in October this year. The raw material used is molybdenum tailings.
On May 28, 2021, the opening ceremony of Liugong Metso’s new factory was held in the new factory of the second phase of the Liugong East R&D and manufacturing base.