Sierra Rutile announces 2012 rutile shipment at $2,700/tonne | Industrial Minerals

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Sierra Rutile announces 2012 rutile shipment at $2,700/tonne

22 December 2011

by Siobhan Lismore

Says it believes prices will remain high as demand continues to outstrip supply

Keywords: Sierra Rutile, ilmenite, rutile, SRL, prices, mineral sands, minsands

Sierra Leone’s Sierra Rutile Ltd (SRL) has already contracted 21,000 tonnes of standard grade rutile for 2012 at a weighted average price of $2,530/tonne; the most recent shipment was priced at $2,700/tonne.

This represents a 285%...

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