NEW YORK, Oct. 10, 2016 /PRNewswire/ -- Sky Century Investment Inc. (OTC: BNRM) is a Hong Kong based holding company that is in the business of acquiring mines, mining rights, leases and licenses. We are in the process of acquiring 60% of the Hong Guang Mine from Prosperity Marble Mining & Investment (HK) Ltd. through a Foreign Joint Venture and Licensing Agreement.
The global market for Crushed Stone is projected to reach 19.6 billion metric tons by 2020, driven by growing construction activity and healthy industrialization in emerging markets. The global stone market is chiefly influenced by trends in the construction industry. The market is composed of crushed stone and dimension stone. Granite represents the largest segment of the dimension stone market, followed by marble. Production of granite in the global market is dominated by five countries including China, Brazil, Saudi Arabia, India and Spain. China, India and Brazil together accounted for over four-fifth of the total value of granite produced worldwide in the year 2014.
As stated by the new market research report on Granite, Marble and Stone, Asia-Pacific represents the largest and the fastest growing market worldwide, with a CAGR of 6.2% over the analysis period. The growth in the region is led by strong urbanization and continued industrialization trends and the resulting rise in residential and infrastructure construction activity in economies such as China, India, Thailand, Indonesia and other Southeast Asian countries.
For more info on Sky Century Investment, please visit our website at www.skycenturygroup.com.
Sky Century Investment Inc.
Vice President, Investor Communications
Barenberg Capital Partners, LLC
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SOURCE Sky Century Investment Inc.