Holcim (US) Announces Nevada Mining Rights Option

  1. Wednesday, July 23, 2008 12:54 EST
  2. Metals & Mining, Construction & Materials

LOUISVILLE, Colo., July 23 /PRNewswire/ -- Holcim (US) announced today it has acquired a long term lease option to the mining rights on a 1760-acre site located in Clark County, Nevada situated 40 miles east of Las Vegas. Holcim will soon begin the testing process to confirm the viability of the limestone reserves as raw material for cement production.

"This site has the potential to significantly increase Holcim's cement production in the area and support the future growth of the Nevada and Utah markets," said Paul Harrington, Senior Vice President, Mountain Region, Holcim (US). "Despite the current market lull we have great confidence that the future growth projections in Nevada, combined with our current presence in Las Vegas through our sister company Aggregate Industries, will well position Holcim to support new development projects throughout the region."

Holcim (US) currently has a cement plant in Devil's Slide, Utah, which provides cement to its sister company, Aggregate Industries, in Las Vegas.

About Holcim (US)

Holcim (US) Inc. is a subsidiary of Holcim Ltd., and one of the nation's leading manufacturers and suppliers of cement and mineral components. Holcim (US) has approximately 2,900 employees and operates 16 manufacturing plants and over 76 distribution facilities in the United States.

About Aggregate Industries

Aggregate Industries, a wholly-owned subsidiary of Holcim Ltd, is an environmentally responsible producer of high quality, aggregate-based construction materials in the US and the UK. The company produces aggregates, ready mixed concrete, asphalt (and related contracting services) and building materials across seven regional businesses in the US. For more information about Aggregate Industries, please visit http://www.aggregate-us.com/

Copyright 2008 PR Newswire. All Rights Reserved

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