Price Briefing: Ilmenite prices are “unsustainable” say Kenmare

By Siobhan Lismore-Scott
Published: Tuesday, 02 July 2013

This month's price briefing looks at how metspar prices are sliding on the back of weak steel markets and discusses how Lynas aims to take control of rare earths prices

Declining ilmenite prices are becoming a problem for producers of the titanium dioxide (TiO2) feedstock mineral.

“It seems to me that ilmenite producers at this level will generally lose money,” Michael Carvill, CEO of Irish ilmenite miner Kenmare Resources Plc, told IM.

Carvill doubts that current ilmenite prices...

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