
High-Grade Minerals
FY25 proforma revenue
£734m
Higher-grade limestone products produced from quarried limestone material which are processed and then ground into powders and granulates or burnt into quicklime, which can then be further modified through processes such as hydration and re-carbonation. High-grade minerals also include other specialised minerals such as dolomite and wollastonite. High-grade mineral customers are typically large national or multinational corporates under fixed annual supply agreements over long-term contracts. In most cases, these contracts include dynamic pricing mechanisms to adjust for changes in the price of key input costs such as energy and logistics.

Aggregates and Stone
FY25 proforma revenue
£120.0m
Quarried lower-grade limestone or granite products, crushed to various size specifications, and sold as aggregate. Aggregates and stone customers range from:
- Government Agencies for construction and maintenance of vertical and horizontal infrastructure such as roads and sea defences;
- Large corporates for vertical and horizontal construction including commercial and residential;
- Independent house builders and contractors;
- Merchants and resellers including shipping agencies and wholesalers; and
- Individuals and small businesses undertaking small projects and home improvements.

Value-Added Products
FY25 proforma revenue
£175m
Aggregates that undergo further processing to create specialised construction materials, offering enhanced utility and functionality for various infrastructure and building applications. These products include dimension stone, concrete blocks, pre-cast concrete, ready-mix concrete, asphalt and other tailored construction materials. Through additional processing steps, such as mixing, moulding or binding with cement or bitumen, the aggregates achieve properties that make them ideal for specific use cases.