$CXU worth keeping an eye on. Moving into the river sand (aggregate) market and has held initial discussions with key Singaporean groups for long term government supply contracts. Singapore need river sand to combat sea erosion on their 64 Islands, enlargement and construction.
Problem Singapore have is they've depended on their neighbours - Malaysia, Vietnam and Cambodia for supply. They've all banned export of sand to Singapore. Vietnam and Cambodia due to ecological issues (Mekong delta destruction) and Malaysia need sand for own use. $CXU
Most importantly - Singapore is willing to pay up for ethically sourced sand that complies with the export nation's regulations. Having Singaporean-Chinese directors who have invested considerable funds into $CXU and have expertise in the construction industry is a positive.
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