(AEMSC) Minerals Corp forms US ’green’ cement joint venture

(AEMSC) Minerals Corp forms US ’green’ cement joint venture
Published: 30 September 2008

Minerals Corporation Ltd has signed a heads of agreement with Oldcastle APG, the North American arm of CRH plc. Oldcastle APG enjoys a market leadership position for paver products in the USA.

The agreement envisages a 50/50 equity joint venture to manufacture and market "green" cement products that will be suitable for the production of pavers, a high-volume business segment.