Allup Silica Ltd (ASX:APS)’s Andrew Haythorpe discusses the company’s portfolio and imminent listing to the ASX with Proactive’s Elisha Newell.
The silica sand market is experiencing a combination of increasing supply shortages and rising demand, further compounded by a ban on mining silica sands from rivers and beaches in many countries around the world.
These market conditions contribute to an excellent opportunity for Australian silica sand companies to capitalise on, an opening Allup intends to fill once it rings the ASX bell on Monday.