Opportunity
CanWhite can maintain a positive gross profit margin at unsustainable prices for its competition. We offer a sustainable, high quality, cost effective, and operationally advantageous solution as a global producer and supplier of the preferred top tier silica sand.
Logistics
We have direct access to all three Class 1 rails which allows direct and easy transport of product to North America and other markets.
Environmentally Friendly
The use of a slurry line from the mine site to the facility will greatly reduce our environmental footprint by eliminating all hauling of material.
Mining Technique
CanWhite’s innovative extraction technique removes the need for open pit mines as well as stockpiling, this will result in a minimal surface footprint.
1. CanWhite gross profit margin based on production of 1.36 MM t/y; Average competitor cost of $105 CAD’s (Source: Integral Capital Markets)
2. Gross profit margin includes mine-gate and transportation cost to Grand Prairie, Alberta (does not include G&A, interest, or maintenance capital)
Our lower transportation cost, low mine-gate cost and Canadian dollar advantage provides the opportunity to be a price taker in the market.
“The floor on northern white sand mine-gate prices would be determined by operating costs of mines that eventually survive the current environment.”
Source: Rystad Energy – February 2019