Restoring the United States’s infrastructure and reshoring its manufacturing requires a gargantuan amount of rocks. Suppliers of cement (made from limestone) and granular aggregates (sand, gravel and crushed stone) are set to be huge beneficiaries of President Joe Biden’s $2 trillion investment splurge.

The winners include several European giants: CRH Plc, Holcim Ltd. and Heidelberg Materials AG – yet their shares are valued at a fraction of US peers. Listing shares in the US, as CRH did recently, might encourage investors to give them a second look.

QOSHE - Don’t Be Fooled by the Rocks Europe’s Got - Chris Bryant
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Don’t Be Fooled by the Rocks Europe’s Got

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14.11.2023

Restoring the United States’s infrastructure and reshoring its manufacturing requires a gargantuan amount of rocks. Suppliers of cement (made........

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