Industrial Minerals prices December 2012

Published: Monday, 26 November 2012

Bold indicates price change from previous month (it may have changed more than once during the month). All prices are in US$ and quoted per tonne unless indicated. It is not possible to publish prices for all industrial minerals and grades in the space available, these pages comprise a selection of frequently traded minerals. For a wider range and more detail on mineral prices, we refer you to Price Listing on


Calcined 98.5-99.5% Al2O3
bulk FOB US refinery $675-725
Calcined, ground 98.5-99.5% Al2O3,
bulk FOB US refinery $750-850
Calcined, medium-soda Al2O3,
bulk FOB refinery $800-850

Alumina, fused

Brown 95% min. Al2O3,
FEPA F8-220 Grit, FOB China $800-840
Brown 95.5% Al2O3, refractory
lump & sized, FOB China $660-730
White, 25kg bags,
CIF Europe €850-890
Brown 94% Al2O3, FEPA 8-220
mesh refractory (mm) Chinese $750-850

Hydrated Alumina (ATH)

Hydrated alumina (ATH) Damp
(57-60% Al2O3, 5-8% moisture)
Bulk FOB refinery $300-370


57-58% Al2O3, 2,000 tonne
bulk, FCA Mine-RSA €235-280
55-59% Al2O3,
FOB European port €350-425

Antimony Trioxide

Typically 99.5% Sb2O3, 5 tonne lots,
CIF Antwerp/Rotterdam $10,000-10,100
Typically 99.5% Sb2O3, 20 tonne
lots FOB China $9,900-10,100
Typically 99.5% Sb2O3, ex-works USA $10,000-10,100
Ingot, 99.65% min, CIF Rotterdam $12,000-12,300
Ingot, 99.65% min, FOB China $12,000-12,100


Contract price, Refractory/abrasive
grade, CIF main European port $2500-3100
Contract price, Ceramic grade
(98% ZrO2 + HfO2), CIF main
European port $3000-3300
Contract price, Ceramic pigment
grade, CIF main European port $3200-3500


Drilling grade
Unground lump
OCMA/API bulk,SG 4.20
FOB Chennai $140-145
FOB Morocco $140-152
FOB China $142-148
C&F North Sea (Moroccan) $145-160
API, CIF Gulf Coast,
Chinese $158-162
Indian $157-171
OCMA bulk, del. Aberdeen £95-105
OCMA bulk, del. Gt Yarmouth £110-120
OCMA/API, big bags (1.5t),
FOB S.Turkey $150-155
SG 4.22, bagged, FOB Morocco $135-147

Paint grade
Ground white 96-98% BaSO4,
350 mesh, 1-5 lots, del. UK £195-220
Chinese lump, CIF Gulf Coast $235-290
Ground, white, 96-98% BaSO4,
325-350 mesh, 1-5 lots, ex-works
USA. $/s. ton $315-400

Chemical grade
Chinese, CIF Gulf Coast $161-180


Refractory grade
Chinese Al2O3/Fe2O3/BD, lumps 0-25mm
Shanxi, FOB Xingang
Round kiln 87/2.0/3.2 $405-440
Round kiln 86/2.0/3.15-3.20 $370-450
Round kiln 85/2.0/3.15 $380-420
Rotary kiln 86/1.8/3.15 $365-435
Rotary kiln 85/1.8/3.15 $360-460
Guizhou, FOB Zhanjiang/Fangcheng
Round kiln 87/2.0/3.2 $470-525
Guyana RASC bauxite, bulk,
FOB Linden $460-510

Abrasive grade
FOB Zhanjiang, China $320-350

Welding grade
FOB Zhanjiang, China $470-480
FOB Linden, Guyana $450-510


Cat litter, grade 1-5mm, bulk,
FOB main European port €42-60
Indian, cat litter grade, crushed,
dried, loose in bulk, FOB Kandla $34-38
OCMA/Foundry grades,
crude & dried, bulk, FOB Milos €60-80
API grade, bagged rail-car,
ex-works Wyoming, per s.ton $90-130
Foundry grade, bagged, railcars,
ex-works Wyoming, per s.ton $97-124
IOP grade, crude, bulk, ex-works
Wyoming, per s.ton $66-72
(Dried material in bulk) FOB Greece,
Û/tonne €50-75
Cat litter grade, ex-works Wyoming,
USA, $/s.ton $50-60
Fullers’ earth, soda ash-treated,
Civil eng. grade, ex-works, South Africa £50-70
Indian, FOB Kandla, crushed and dried,
loose in bulk, Civil Engineering grade, $32-40
Indian, FOB Kandla, crushed and dried,
loose in bulk, Iron ore pelletising grade $36-38
South African., ex-works Fullers’ earth,
soda ash-treated, Cat litter grade, 1-7mm £27-40
South African., ex-works Fullers’ earth,
soda ash-treated, foundry grade, bagged £60-85
Foundry grade, bulk, del Japan $140-220

Borates/Boron minerals

Boric Acid, FOB Chile $1250-1309
Colemanite, 40% B2O3,
FOB Buenos Aires $690-730
Decathydrate Borax, FOB Buenos Aires $947-979
Ulexite, 40% B2O3, FOB Buenos Aires $666-697
Ulexite, 40% B2O3, FOB Lima $620-652
Ulexite, granular 40% B2O3, FOB Chile $692-734
Borax, PP bags (25kg & 50kg), Boric
acid, gran, tech, FOB Latin America $1200-1310
Borax, PP bags (25kg & 50kg),
Decahydrate borax, gran, tech,
FOB Latin America $910-940
Boric acid, FOB Buenos Aires $1078-1136
Colemanite, 40-42% B2O3,
ground, bagged, FOB Argentina $630-690
Ulexite 46-48% B2O3, FOB Lima $650-710


Purified, bulk, 99.95% Br, domestic
destination, tonne lot, ex-works USA $1.6-1.7
Bulk, purified, 99.95% Br, ex works,
CIF Europe $1.6-1.65
Large contract, Bulk, European $3300-3500

Calcium carbonate

GCC, coated, fine grade,ex-works UK £80-103
GCC, 50-22 microns, FOB USA $21-26
GCC, 22-10 microns, FOB USA $50-105
GCC, 3 microns (untreated), FOB USA $170-185
GCC, stearate coated 1.1-0.7 microns,
FOB USA $270-400
GCC, 1.1-0.7 microns (untreated),
FOB USA $200-290
PCC, Fine, surface treated
(0.4-1 microns), FOB USA $275-375
GCC, coated, chalk, ex-works UK £60-75
PCC, coated, ex-works, UK £370-550
PCC, uncoated, ex-works, UK £340-550


Turkish, 96%, SrSO4,
FOB Iskenderun $90-100


Chemical grade, 46% Cr2O3,
wet bulk , FOB South Africa $320-340
Refractory grade, 46% Cr2O3,
wet bulk , FOB South Africa $425-500
Foundry grade, 46% Cr2O3, wet bulk,
FOB South Africa $360-380
South African, Northwest,
Metallurgical grade, friable lumpy,
40% Cr2O3 $160-185
Sand, moulding grade, 98%
<30 mesh, del UK £390-450
Foundry +47% Cr2O3 dried 1 tonne big
bags FOB South Africa $420-460
Foundry, 45.8% min Cr2O3, wet bulk,
FOB South Africa $360-380
Metallurgical grade, Conc’ 40%,
FOB Northwest, South Africa $160-190


US, calcined filter-aid grade,
FOB plant $575-640
US, flux-calcined filter-aid grade,
FOB plant $580-825


Turkish, Na feldspar, Crude,
-10mm size bulk, FOB Gulluk $22-23
Turkish, Na feldspar, Glass grade,
-500 microns, bagged, FOB Gulluk $70
(-38 micron, FCL’s bagged,>90 Brightness)
FOB Durban, South Africa $168
(Na), ceramic grade, 170-200 mesh,
bagged, ex-works USA, $/s.ton $150-180
Na feldspar, floated -150 microns, bagged,
FOB Gulluk, Turkey $53-55
Na feldspar, floated -500 microns, bulk,
FOB Gulluk, Turkey $38-40


Acidspar filtercake, bulk
Mexican, <5ppm As
FOB Tampico $540-550
Mexican, FOB Tampico $400-450
Chinese wet filtercake,
CIF Rotterdam $500-530
Chinese, wet filtercake,
FOB China $400-415
South African, dry basis,
FOB Durban $380-450
Chinese dry basis,
CIF US Gulf Port $480-600

Chinese, min 85% CaF2, CIF Rotterdam $355-375
Mexican, FOB Tampico $230-270
Chinese, min 80%,
wet bulk, FOB China $305-325
Chinese, min 85% CaF2,
bulk, FOB China $355-375
Chinese bulk, min. 90% CaF2, FOB China $365-385


Amorphous powder 80-85%
Chinese del Europe $600-800
Synthetic fine 97-98% CIF Asia $950-1450
Synthetic fine 98-99% CIF Asia $1000-1500


FCL CIF main European port,
Medium, 85-87%C, +100-80 mesh $900-1150
Fine, 90%C, -100 mesh $850-1050
Medium flake 90% C, +100-80 mesh $950-1200
Large flake, 90% C, +80 mesh $1200-1600
Fine, 94-97%C, -100 mesh $900-1200
Medium, 94-97%C, +100-80 mesh $1050-1400
Large flake 94-97% C, +80 mesh CIF $1400-1800
Synthetic 99.95% C, $ per Kg,
Swiss border $7-20


Australian, bulk concentrates.
min 54% TiO2, FOB $250-350
Australian, spot price,
min 54% TiO2, FOB $250-350


Iodine crystal, 99.5% min, drums,
spot, $/kg $65-85
Iodine crystal, 99.5% min, drums,
contract, $/kg $65-70

Iron Oxide Pigment

Brown type 868, bagged, FOB China $1015-1075
Red type 130 90% Fe2O3, bagged,
FOB China $1434-1637


No 1 paper coating grade,
Ex-Georgia plant, s.ton $161-209
No 2 paper coating grade,
Ex-Georgia plant, s.ton $107.50-166.70


Ex-works USA, 54-60% Al2O3,
raw kyanite, s.ton $224-320
54-60% Al2O3, 22 ton lots,
calcined $373-439


min. 91% TiO2, max. 1% ZrO2, bagged,
FOB West Australia A$1450-1550


Lithium carbonate, del continental,
USA large contracts, $ per lb $2.5-3
Lithium hydroxide, 56.5-57.5% LiOH,
large contracts, packed in drums or bags,
del Europe or USA, $/kg $6.5-7.5
Lithium hydroxide, Chinese, (56.5-57.5% LiOH), packed in drums or bags, large contracts, del Europe $/kg $6-6.6
Petalite, 4.2% LiO2, FOB Durban, $165-260
Spodumene concentrate, >7.5% Li2O,
CIF USA, s.ton $720-770
Spodumene concentrate, 5% Li2O,
CIF USA, s.ton $460-510
Spodumene concentrate, 7.5% Li2O,
CIF Europe $750-800
Spodumene concentrate, 5% Li2O,
CIF Europe $440-490
Spodumene concentrate, > 7.5% Li2O,
bulk, CIF Asia $720-770
Spodumene concentrate, 5% Li2O,
CIF Asia $300-400


Calcined, 90-92% MgO, lump,
FOB China $320-360
European calcined, agricultural grade,
CIF Europe €240-350

Lump, FOB China
90% MgO $350-400
92% MgO $430-470
94-95% MgO $410-480
97.5% MgO $560-600

Lump, FOB China
96% MgO $790-860
97% MgO $930-1050
98% MgO $1080-1210


Greek, raw, max 3.5% SiO2,
FOB East Mediterranean €65-75


Indian mine scrap green
(Andhra Pradesh) for mica paper,
FOB Madras $300-400
Indian wet-ground, CIF Europe $600-900
Micronised, FOB plant, USA $700-1000
Wet-ground, FOB plant, USA $700-1300
Flake, FOB plant, USA $350-500


Sodium, about 98%, ex-store Chile €550-570


Olivine, refractory grade, bulk,
US ex-plant/mine $75-150


Coarse (filter aid)
FOB east Mediterranean, bulk €70-75
Raw, crushed, grade, big bags
FOB Turkey $95-100
Raw, crushed, grade, bulk
FOB Turkey $80-85


C&F Western Europe, contract,
Standard $400-490
Muriate, KCl, granular, bulk,
ex-works, North America $515-535
Muriate, KCl, standard,
bulk, FOB Vancouver $460-550
Muriate, KCl, standard, bulk, FOB
Baltic $/tonne $350-370

Rare earth minerals

Min 99%, large purchases, FOB China, $/kg
Cerium oxide $16-21
Dysprosium oxide $890-1000
Europium oxide $2020-2320
Lanthanum oxide $15-21
Neodymium oxide $95-105
Praesodymium oxide $95-105
Samarium oxide $60-80

Refractory clays/Mullite

Clay, Mulcoa 47% (sized in bulk bags),
for coarse sizing, FOB USA, s.ton $198


Australian concentrate,
min. 95% TiO2, bagged, FOB $2500-2800
Australian concentrate,
min. 95% TiO2, large vol.
for pigment, FOB $2050-2400


Australian solar salt bulk CIF Shanghai, $50
Industrial solar salt, ex-works China $27-29
Industrial vacuum salt,
ex-works China $35-40

Silica sand

Minus 20 micron, FCL, bagged
>92 brightness, FOB Durban $295
Glass sand, container,
ex-works USA $20-26

Silicon carbide

SiC, FEPA 8-220, CIF UK, black, about 99% SiC
SiC Grade 1 €1900-2100
SiC Grade 2 €1500-1650
Refractory grade,
min 98% SiC €1500-1800
min 95% SiC €1350-1450

Soda ash

Chinese synthetic soda ash,
dense & light, CIF Far East $295-330
Chinese synthetic soda ash,
dense & light, FOB China $220-240
Indian synthetic soda ash,
dense & light, Domestic
ex-works India $300-348
Indian synthetic soda ash, dense
& light, Export C&F India $210-230
US natural, large contract,
FOB Wyoming $210-230
European synthetic, dense & light,
Large Contracts ex-works €190-210

TiO2 pigment

Bulk volume, per tonne
CFR Asia $4300-4850
CIF Northern Europe €3260-3750
CIF USA $3550-4000
CIF Latin America, per lb $1.6-1.9


South African, bulk, FOB
Antwerp $400-850


US ex-works, s.ton Acicular minus
200 mesh $210-240
325 mesh $220-250
Acicular (15:-1-20:1 aspect ratio) $444
Chinese, FOB, tonne Acicular minus
200 mesh $80-90
325 mesh $90-100


FOB Australia, bulk shipments
Premium $2100-2300
Standard $2000-2150
FOB USA, bulk shipments
Premium $2600-3000
Standard $2550-2750
FOB South Africa, bulk shipments
ceramic grade $2300-2650

Micronised zircon

99.5% <4µ, average particle size <0.95µ,
C&F Asia, $2750-2800

Fused zirconia

Monoclinic, refractory/abrasive, contract,
CIF main European port $6500-7800
Monoclinic, Ceramic pigment grade,
Contract price, CIF main European
port $3800-4800
Monoclinic, Structural ceramic/
electronic grade, Contract price,
CIF main European port $4600-6000
Monoclinic, Technical ceramic,
grade, Contract price, CIF main
European port $15900-21000
Stabilised, Refractory grade,
Contract price, CIF main European
port $6500-7800
Stabilised, Technical ceramic grade,
Contract price, CIF main European
port $50000-100000

Zircon Opacifiers

Micronised zircon, 100% < 6 microns,
average 1-2 microns, bagged,
CFR Asia $2845-3400
Micronised zircon, 100% < 6 microns,
average 1-2 microns, bagged,
ex-works Europe $2770-3400

Cerium oxide, 99%, large purchases, FOB China, $/kg

With the instability caused by the recent price rises during 2010 and 2011, several end users have been gravitating towards rare earth substitutes, Nicolas Curtis, executive chairman of Lynas Corp., told the Metal Events rare earths conference in Hong Kong this month. Depending on supply stability, Curtis believes that there is good long-term growth potential in the rare earths industry. Of the various end sectors, the catalyst market will see the most robust growth and although there have been movements away from the use of cerium, now that prices have dropped slightly, end users should return to this material, he said.

Chromite, foundry, 45.8 min Cr2O3, wet bulk, FOB South Africa $/tonne

Chromite prices were up this month as the mineral’s market improved after dipping slightly in the months of June, July and August.

Fluorspar, acidgrade, wet filtercake, FOB China, $/tonne

Prices for fluorspar during the third quarter of 2012 have slowed as the market enters the fourth quarter. According to market sources, prices for wet acid grade fluorspar FOB China have dipped in recent months after steadily decreasing since July this year.

Graphite, crystalline, fine, 90%C, -100 mesh, FCL, CIF European port, $/tonne

Graphite prices have remained stable this month. The steadying of the graphite market, which had been sliding since May as a slow-down in demand began to deflate the mineral’s two-year price bubble, had been widely predicted by market analysts and observers. All grades have remained within IM’s price ranges since the beginning of October, according to market indications.

Ilmenite, bulk concentrates, min 54% TiO2, FOB Australia

Prices for ilmenite have continued to grow in a market where many end-users are switching to cheaper inputs (such as ilmenite rather than rutile.)

Soda ash, synthetic, dense and light, FOB China, $/tonne

After remaining steady for the majority of 2011 soda ash saw a steep drop in June this year before a “disappointing” performance in the third quarter of 2013. Several producers, including FMC Corp. reported lower than expected prices for soda ash in their Q3 earnings.

Titanium dioxide pigment, bulk volume, CIF USA, $/tonne

Global demand for TiO2 was weak in the third quarter of 2012, which pushed sales volumes down by 30% year-on-year (y-o-y). However, overall, TiO2 costs are up year-on-year, according to US-based global paint and speciality materials supplier PPG, but relative to the increases seen throughout 2011 pricing has remained stable throughout 2012.

Zircon, standard grade, bulk, FOB Australia, $/tonne

The zircon market remained weak this month after the economic slowdown continued to affect the mineral’s performance. Prices dipped down for most grades of the mineral, however analysts expect the situation to improve towards the beginning of 2013 as the housing markets pick up.

IM takes price ideas and comments from many sources, which are used in strict confidence to ascertain pricing levels. If you would like to contribute and enhance our pricing coverage and comment, please contact Angela Hillyard at, or Siobhan Lismore at

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Prices and other information contained in this publication have been obtained by Industrial Minerals (“IM”) from various sources believed to be reliable. This information has not been independently verified by IM. Those prices and price indices which are evaluated or calculated by IM represent an approximate evaluation of current levels based upon dealings (if any) that may have been disclosed prior to publication to IM. Such prices are collated through regular contact with producers, traders and purchasers although not all market segments may be contacted prior to the evaluation, calculation, or publication of any specific price or index. Actual transaction prices will reflect quantities, grades and qualities, credit terms, and many other parameters. The prices are in no sense comparable to the quoted prices of commodities in which a formal futures market exists.

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