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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (4752)	6/22/2003 9:17:57 AM
From: E. Charters	Read Replies (1) \| Respond to of 8273

In fact the 400 dollar rock value per feed tonne would be the worth of the pigment once it is refined from the mine. (700 pounds TiO2 per tonne of heads, at ~2000 dollars per tonne product) As I pointed out, the value of ilmenite by the tonne is not that good. If you and I had an ilmenite beach sand that we could spiral upgrade to 50% TiO2 by spirals, then we would have a product worth maybe 50 dollars per ton as feedstock to a refinery. (See the Australian figures) Rutile sands are higher grade so they would be preferrable. It would not be a bad business as long as the shipping distance to a refinery was short. Probably the refineries are captive and do not buy people's concentrates. You have to have a market.