Empire Metals Develops TiO2 Pigment from Pitfield Ore, Targets Architectural Coatings…
What happened
Empire Metals Limited announced the successful development of an uncoated rutile pigment derived from mineral concentrates produced at the Pitfield Titanium Project in Western Australia. The successful production indicates that the final pigment's crystal form is dependent on processing conditions rather than the titanium minerals present in the ore. The ores are noted as being naturally low in deleterious elements, including radionuclides.
From finanznachrichten.de
Why it matters
The company is targeting the refined and coated rutile pigment market for architectural coatings. This sector represents the largest single market for TiO2 pigment globally, consuming 2.3 million tonnes annually. Current global weighted average prices for this pigment are approximately US$3,250 per tonne.
Empire Metals Limited is focused on the commercialization of the Pitfield Project in Western Australia.
From finanznachrichten.de