Fox Marble Holdings plc (LON: FOX) CEO Chris Gilbert caught up with DirectorsTalk for a quick chat on the sale agreement of its sought after Alexandrian Blue. Chris explains how this new material came about, why its sought after, the markets in Italy, India, China, Turkey and Dubai, how growth will be driven and the focus for 2019.
· Commercial extraction commenced of Alexandrian Blue marble from Prilep Quarry.
· 441 tonne order of Alexandrian Blue completed and paid in December 2018.
· Sales agreement entered into with an indicative value in excess of €1 million.
Fox Marble Holdings has announced the start of commercial extraction of Alexandrian Blue from our Prilep quarry in Northern Macedonia. Alexandrian Blue has dense blue grey banding with smaller bands of white which produce a marked blue tone and is akin to the highly desirable Zebrino marble from Northern Italy. The quarry, which is already producing the highly sought after white marble marketed as Alexandrian White, is now also producing substantial quantities of Alexandrian Blue from a newly developed section on the East side of the quarry.