Open/Close Mobile Menu Open/Close Mobile Menu

Global Habitat Resources acquires California’s largest perlite mine

By Nilima Choudhury
Published: Thursday, 29 May 2014

Internet-based commerce may be reducing the demand for new retail buildings, a major end market for perlite, but GHR is confident that despite falling production of the mineral in the US, demand will instead come from the “green” building sector, marking 2015 as the year when production could reach new highs.

US-based construction company, Global Habitat Resources (GHR), has entered into a joint venture (JV) with Caperlite Inc. to acquire the largest perlite mine in California, US.

The mine is located on 340 acres (1.38km2) of private property with mineral claims and patents from both county and federal governments with current...

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: