regulatory
confidence high
sentiment neutral
materiality 0.55
Vulcan Materials updates Mexico operations; customs permit received, NAFTA arbitration ongoing
Vulcan Materials CO
- Mexico issued a three-year customs permit in March 2022 after delaying Vulcan's deep-water port permit.
- Vulcan offered to supply aggregates for Mayan Train and adapt mine plan for ecotourism project suggested by Mexico.
- NAFTA arbitration over repudiated agreement and quarry shutdown; hearing July 2021, decision expected H2 2022.
- Company states compliance with Mexican law and ownership of four lots with limestone reserves in Quintana Roo.