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.
Mineralocity Aggregates, in partnership with Rock Products, will also be launching its Digital Aggregates Atlas this month. It will be available soon and free for use without a subscription.
In addition to completing the estimated construction aggregate supply and demand 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 7,000-plus 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.
Learn more: www.burgex.com.