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Ilmenite Product

Ilmenite

Concentrate

Trait 1

Consistent TiO2 @ 50%

Quality feedstock for titanium slag and synthetic rutile production

Trait 2

Low Ca/Mg content (CaO 0.02%, MgO 0.64%)

Suitable for chloride metallurgic processing

Trait 3

Low phosphorus (P2O5 0.004%)

Suitable for reduced titanium production

Trait 4

FeO 38.2%, Fe2O3 8.66%

Favorable Ratios. Less sulfuric acid usage for sulfate process and better TiO2  purity for chloride process

Trait 5

Extremely low in radioactive elements

No health/safety concern

Customers and Sales

60,000 tonnes

Ilmenite Concentrate sold in 2022, mainly to China 60% and Japan 40%, with strong realized average FOB prices in 2022

 

Spot Contract

Spot contract strategy enables us to take advantage of the strong Titanium market and gives us flexibility in risk management

 

Long-contract Opportunity

Received multiple long-term S&P offer from potential customers in China, Japan and South Korea. We will tap the opportunity of long-term contract according to market and timing.

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60% China

40% Japan

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Darwin

Katherine

Mataranka

Port Roper

Current Road-Train
Transport Route

Alternative Future Transport Route

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