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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play
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To: Baba 2 who wrote (17)8/12/1999 10:21:00 AM
From: chevalier  Read Replies (1) of 343
 
this came from the Halifax Daily News newspaper today:

Titanium study set

The companies developing a Truro-area titanium find and the firm running
Sydney Steel will co-operate on a study that could make it easier to sell the
plant.
NAR Resources and Titanium Corp. of Canada have reached agreement
with Hoogovens Technical Services to introduce ilemenite - titanium ore - as
a feedstock for Sysco.
The study will examine the feasibility of building an ore-processing plant in
Sydney that would produce titanium slag and liquid iron byproducts. The
iron could be used as direct feedstock in Sysco's electric-arc furnace.
It would be cheaper than using scrap steel or virgin iron, NAR said in a
release. The process would also generate fuel for Sysco.
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