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Largest ever order for Fox Marble

July 2019

Fox Marble, the AIM listed company focused on marble quarrying and finishing in the Balkans, has won its biggest single order for its Alexandrian White marble.  This order has been placed by the Swaminarayan Hindu religious order who are building a temple in Abu Dhabi on land donated by the Royal family of the UAE.  Construction of this momument will commence shortly.

Fox Marble will be providing bespoke cut to size marble varying in size from small blocks to large beams which will be shipped by the temple to India to be hand-carved and shipped to the temple site and has received the schedule for the first shipment to be shaped and sent to India.

The minimum value of this order will be $2.4m and Fox has received the first good faith deposit of $100,000 by way of confirmation.  The final timing of the delivery of this material will be subject to the construction schedule of the temple which is subject to change. Fox will keep the market updated as to the progress of this project as material is actually shipped and paid for.

Brahmavihari Swami commented:  “We have been working hard to establish the BAPS Hindu Mandir temple in Abu Dhabi which is an iconic and historic temple which is a spiritual oasis of global harmony.  While every acre and inch is being designed elegantly and meaningfully, the heart of the heart of the entire project will be done in your beautiful white marble.  The entire interior of the stone temple will be intricately sculpted from your Alexandrian White and is the epicentre for our temple.”

Chris Gilbert, Fox's CEO, commented: “We are privileged to be in partnership with the Swaminarayan religious order who have built over 1000 temples around the world. This temple will be the first such place of worship in the UAE and will be a monument for many generations to come. ”

More at: www.foxmarble.net

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