Europe’s titanium dioxide (TiO2) industry will experience plant closures and consolidation in the coming decade as the push towards cost-efficient production in the face of lower cost Asian TiO2 grips the continent.
This is the belief of Nordic Mining ASA’s chief executive officer, Ivar Fossum, who is looking to position its 100,000 tpa Engeb¿ rutile development to capitalise on a projected increase in demand for high grade feedstock.
“As the industry moves towards larger, even more cost-effective pigment plants, I am confident that the benefits of high grade feedstocks will be recognised,” explained Fossum in an interview with IM.
“Higher transportation costs, carbon foot print and waste disposal costs are all factors that...