Despite anxiousness in other minerals markets regarding the global economic downturn, the future looks stable – and bullish — for minsands producers.
Last week US-based TiO2 producer Kronos posted a 60% increase in sales in Q3 2011. These results, which were released last Thursday, also outlined that the company’s TiO2 selling prices increased 43% when compared to the same time last year.
The company is not phased by bearish news in other parts of the world, instead arguing that a tightness in supply will lead to increasingly...