Jack Elliott
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| E2V’s new vermiculite microwave can process 1 tonne/hour using 90% less energy than traditional blast furnace methods. E2V Technologies plc |
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For vermiculite, South Africa, bulk, FOB Antwerp, prices have risen to a range of $400-850/tonne, up from $230-450/tonne at the start of the year.
“We have seen an increase over the last year or two, both from South Africa and for the US sources as well,” a buyer of vermiculite told IM.
Another market source confirmed that “prices have risen not only for South African vermiculite, but across the world”.
The vermiculite industry has been rocked in recent months by an increasing tightness in supply, particularly where leading global producer Palabora Mining Co....