Perpetual Resources Ltd (ASX:PEC)'s CEO Julian Babarczy tells investors about the Beharra Project, billed as "the Midwest's leading high-grade silica sand project". Silica sand is a high-value emerging commodity that few investors understand. Babarczy aims to demystify the product, which is used extensively in high tech applications such as solar cells, as well as a range of common building applications.
Finding deposits located close to infrastructure is a challenge, and the company sees significant upside to the project in the future, particularly in terms of export opportunities to the Asian region.