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.
60% China
40% Japan
