The mining analysis team at Burgex has been hard at work over the past several years developing internal tools and systems for conducting complex market analysis studies of mineral commodities. One of the top priorities for the team has been creating a national geographical information system for dynamically analyzing construction aggregate supply and demand trends. What began as a linear system of registering estimated production and demand on a site-by-site basis has transformed into a robust structure of mineral market analysis that includes highly advanced capabilities previously only imagined.
Burgex is excited to introduce Mineralocity Aggregates – The Burgex flagship system for analysis of local and regional construction aggregate market trends. A highly advanced, cloud based, visual analysis of regional construction aggregate trends and megaregion development.
Feature Highlights of Mineralocity Aggregates include:
Estimated annual production mapped for all commercial US producers – including crushed stone, sand & gravel. All production locations geo-referenced and analyzed (over 3K+ locations nationwide)
Highly advanced nationwide population grid
Annual per capita demand mapped in high resolution grids
Megaregion Networks
Mapping of growth areas by census tract
Geology units mapped and ranked by estimated annual aggregate production
Population Bivariate Analysis of population growth and population density changes
Housing permit Analysis
County GDP Analysis
State by State S&P Ratings and Outlooks
Density of Stone Producers
Density of Sand/Gravel Producers
Railroads, Highways, and other transportation vectors
Transportation based market radius generation
Wetland Maps
Burgex Market Grades
Restricted Development Areas
Exclusive support
And more!
The Mineralocity Aggregates Platform will be available on a subscription basis in the spring of 2022. The platform is designed to give a powerful competitive advantage to all who use it, including; construction aggregate producers, aggregate industry suppliers, market analysts, consultants, investors, and researchers. From the selection of a new greenfield construction aggregate development site to placement of a supply distribution warehouse, this tool will greatly enhance both the speed and accuracy of your work – providing invaluable insights for your business.
If you are interested in learning more about the Mineralocity Aggregates Platform and want to subscribe for future updates, please send us an email at info@burgex.com or fill out our contact form.
Source: https://burgex.com/introducing-mineralocity-aggregates/
A major milestone was achieved this week as the Burgex Inc. Mineralocity Aggregates Team was able to complete a high-resolution visual mapping of estimated construction aggregate supply and demand analysis across the entire United States. (Graphic: Business Wire)
SANDY, Utah–(BUSINESS WIRE)–A major milestone was achieved this week as the Burgex Inc. Mineralocity Aggregates Team completed a high-resolution visual mapping of estimated construction aggregate supply and demand analysis across the entire United States.
This analysis was completed using millions of individual supply and demand datapoints to create an interactive raster grid that shows supply and demand balance that can be visualized on a local, regional, and national level. In addition to completing this analysis and visual map of supply and demand conditions, the Mineralocity Aggregates team completed an additional supply and demand analysis that shows the predicted aggregate market change over a five-year period to 2025. This analysis was completed using a highly advanced population model that has been developed by the Burgex Inc. analysis team over several years.
Stuart Burgess, Chairman of Burgex Inc. and Manager for the Mineralocity Aggregates launch team, stated, “In addition to individually geographically locating all 7000+ commercial aggregate producers in the United States, completing this supply and demand analysis represents a huge milestone towards the launch of Mineralocity Aggregates. Completing this phase required an enormous amount of computing power, as well as developing and coding several proprietary models for estimating the production of each individual operation, refining population and per-capita demand, and assembling both into a practical format. This latest analysis is just one more tool that will be available to help drive modern market analysis for construction aggregates. We are driving modernization in market analysis methods for essential mineral goods – like construction aggregates. This has never been done before and has required some extraordinary innovation on the part of Jake Tanner, Lead GIS Developer.”
Next development steps will involve combining this national supply and demand analysis with other new levels of analysis, such as geology and land status polygons, to generate additional analysis that will be useful for aggregate producers, industry suppliers, analysts, and more. These layers and many more will be available to full subscribers of the Mineralocity Aggregates platform. These tools are being designed to assist both producers and industry suppliers alike with market analysis and business development activities.
Mineralocity Aggregates, in partnership with Rock Products, will also be launching its Digital Aggregates Atlas. It will be available soon and free for use without a subscription. Learn more: www.burgex.com.
Geographical information systems (or GIS) are revolutionizing how the modern world visualizes, consumes, and uses market information, especially for mineral market analysis studies. Not all markets are entirely geographically based, but virtually all of them have some sort of geographic tie. Video streaming services, for example, can be utilized anywhere in the world with internet access and a VPN perhaps – but determining locations for best serving those markets with infrastructure is very geographically based. There are few businesses that would not benefit from some sort of market study.
Mineral Market Analysis in Mining
Within the mining industry, transportation logistics and costs (as well as environmental, regulatory, labor access, and utility factors) weigh heavily on every operation worldwide. The viability of these operations hinges on the economic interplay of the factors mentioned above. Within the construction aggregate industry specifically, transportation logistics are critical.
Mineral Market Analysis for Construction Aggregates
Transportation or other construction projects are generally going to utilize the nearest available aggregate product in spec. It is not uncommon for transportation costs to exceed the purchase price of the material itself. Therefore it makes the most economic sense for a contractor to buy from the nearest quarry or pit to produce the needed aggregate. In many parts of the world, it is possible to locate quarries and pits near consuming populations, but in other cases, they have been found hundreds of miles away and will need to be transported. Aggregate producers will build yards and facilities for distribution closer to high-demand regions. In any case, planning for quarry placement extends far beyond just finding a suitable geological unit with available land for development. The placement of these quarries begins with conducting a mineral market analysis study.
Traditional Mineral Market Analysis
Traditional market research for minerals and other consumables relies on tabulating estimated supply and demand based on knowns, projections, and assumptions. Populations are calculated based on census reports by incorporated area, census tract, or county. This population is multiplied by the estimated consumption of the product over a designated time (day, month, year) to generate an estimated demand. For construction aggregates, demand is generally calculated by tons (or tonnes) per capita annually within a designated region. Supply is estimated simply by adding up anticipated production (or distribution) within the same area. The formula calculates supply and demand on an individual site basis – generally within a spreadsheet. Depending on the complexity of the market is analyzed, this can take anywhere from days to weeks. A typical mineral market analysis for a greenfield site may take several weeks and may require on-the-ground intelligence to determine accurate supply and demand.
The Mineralocity Aggregates Revolution
With the advanced GIS tools utilized by Mineralocity Aggregates, dynamic versions of these same calculations are run on a matrix of granular grids of less than one square mile that cover entire states and regions. This generates a high-resolution interactive layer that can be used to identify areas of supply deficit – areas that could be ideal for the placement of a new quarry, pit, or distribution yard. Not only can areas of deficit be identified quickly on a regional or statewide basis, but the platform provides a host of other interactive data layers – such as the estimated annual production of existing commercial quarries, favorable geological units that currently host the significant output of construction aggregates, and regional economic and population growth indicators for future planning and projections.
The Mineralocity Aggregates platform will generate weeks or even months’ worth of actionable mineral market analysis research within hours. It is anticipated that this platform will find vital use with local, regional, and national construction aggregate producers to analyze current operations, select greenfield sites, and develop long-term plans for growth. The platform will also be helpful for those who supply the aggregate industry, contractors who regularly purchase construction aggregates, and researchers, both governmental and private, who wish to understand infrastructure construction and growth trends on an intimate national scale.
Burgex plans to continue developing the Mineralocity Aggregates platform to further enhance mineral market analysis through the dynamic study of transportation vectors, pricing, and demand growth projections of up to fifty years. Contact us today to learn more and register for updates before the anticipated platform release in the spring of 2022. In addition to Mineralocity Aggregates, Burgex has advanced capabilities to conduct mineral market analysis studies for a wide range of mineral commodities.
