At the beginning of April, Cemex Marine started extraction of sand and gravel from a new dredging area in the eastern English Channel, improving our reserve portfolio and developing our Marine Strategy. The area is next to two existing extraction sites and represents an additional 1.5 million tonnes of aggregate available to Cemex annually.

The award of the Marine Licence (environmental permit) was granted following a comprehensive environmental impact assessment and consultation. Extraction was allowed to start following thorough pre-dredge environmental surveys to ensure Licence conditions are met.

Initial assessment of the material dredged from the new area indicate a good mix of sand and gravel. The new area will be an important aggregate source into London and the southeast as traditional areas become depleted of gravel.

The area will be subject to ongoing environmental monitoring.