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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play

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To: Winzer who wrote (124)10/26/1999 11:08:00 AM
From: rdww  Read Replies (2) of 343
 
Bruce + Winzer:
Does NAR have a contract for the offtake ? not that I've seen anywhere.
In reading between the lines though - I would suggest that there is a suitor looking very hard.

"Titanium Corporation is proceeding with a viability study with Royal Dutch
Hoogovens, which is evaluating the processing option of introducing an
iron/titanium feed into the Sidney Steel Corporation processing plant, currently
under management of Hoogovens Technical Services. Royal Dutch Hoogovens
has recently announced plans to merge with British Steel, with the resulting
company representing the world's third largest steel manufacturer. "

This is taken from the last NR. Hoog's seems very interested in the Sysco smelter. Heck - they're the operators right now. Then we read in a NRL NR that they (Hoog's) are interested in NAR's heavy minerals. The sands from the NAR site get broken up into a variety of forms - but what would /could be shipped to Sysco is the ilmenite and magnetite and some etc stuff, which produce a slag and pig iron. Now putting the pie together even further - Hoogevans is set to join forces with British Steel. So I see a number of alliances that will come together (I hope) one day and then we'll see some contracts.
Right now though - I'm just joining the dots together + looking fwd to a good review of the met work .
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