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management staff in the selected quarries to acquire the total cost implication of producing 1 ton of granite aggregate. The data acquired was subjected to basic economic evaluation. The results show that the monthly operation costfor Quarry A is N 30,618,000, while that of Quarry B is N10,164,000.
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Valuation of Aggregate Operations for Banking Purposes (Sand and Gravel and Crushed Stone) Aggregate consists of sand and gravel and crushed stone. The principal consumers of sand and gravel and crushed stone materials are the highway and building construction industries. The principal construction uses include:
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Quarry Location – The location of the quarry and stone manufacturer can also play a role in determining quarry process price. If the materials will need to be shipped in from across the country, you should expect to pay more than if you bought materials from an NJ quarry.
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