Plus, the story is eighteen months old so the "Today" part is a bit deceptive.
From the Daily Mail, November 4, 2020:
- A cattle farm in Meridian Plains, QLD, is sitting on $1billion worth of alluvial sand
- The deposit is the biggest found in the state and could supply QLD for decades
- The site is tipped to sell for $7-10 million, but could generate millions if mined
A cattle farm sitting on $1billion worth of sand has been placed on the market.
The Meridan Plains property, on Queensland's Sunshine Coast, has spent the past few decades as a cattle fattening operation - despite holding the biggest deposit of alluvial sand ever discovered in the state.
Now the 208 hectare chunk of land is up for sale and could become a lucrative investment for the right buyer.....
Sidebar
WHAT IS ALLUVIAL SOIL?
- Alluvial deposits are sediments composed of gravel, sand, silt or clay deposited in river channels or on floodplains.
- They occur in most regions of Australia and are a major resource for irrigation, town, stock and domestic uses.
- About 20 per cent of all bores in Australia are in alluvial systems and they account for 60 per cent of Australia’s groundwater extraction
....MUCH MORE
I was thinking about this story when we last posted on sand:
There really is a coming shortage of the good stuff, the sand that hasn't been blowing across the desert for centuries, rounding off the corners that make pit sand and river sand so darn useful.....
