UK Chancellor’s housebuilding pledge to boost gypsum, clay and pigment demand

By Liz Gyekye
Published: Wednesday, 25 November 2015

The UK’s Chancellor of the Exchequer, George Osborne, has announced the “biggest housebuilding programme since the 1970s” in his Autumn Statement. If carried through, the pledge is expected to provide a boost for industrial minerals that go into bricks such as fire clay and kaolin and for products such as titanium dioxide that go into pigments to make paints.

The UK Chancellor of the Exchequer’s promise to provide funding to help build more than 400,000 new homes across England  by 2020 will provide an uplift for industrial minerals, such as gypsum, kaolin and pigment minerals, an industry expert told IM.

In his Autumn Statement delivered today,...

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