It delivers sand under long-term, "take or pay" contracts that reduce the company's exposure to short-term fluctuations in the price of sand.

WSJ: For IPO Market, Sand, Then Vacation

Users are throwing sand in Intel's money-making machine with their growing reluctance to pay a premium for PCs with powerful new chips.

ECONOMIST: Intel

Britain and the rest of the world have discovered that burying your head in the sand does not work, and now each of them, is having to pay a heavy price for ostrich policy.

ECONOMIST: Was war warranted?