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...