MZI enters into LOI with Chinese TiO2 producer
By Kasia Patel
Published: Friday, 04 December 2015
The company began production at its Keysbrook project in Western Australia, intending to complete first sales of leucoxene and zircon before the end of the year. Pending positive testing results carried out by Jinzhou, MZI anticipates a large scale offtake agreement with the Chinese company.
ASX-listed MZI Resources Ltd has entered into a letter of
intent (LOI) and cooperation with Chinese firm Jinzhou Titanium
Industry Co Ltd for a trial shipment of leucoxene from the
company’s Keysbrook project in Western Australia
(WA).
Jinzhou will carry out testing on MZI’s L88
product (85-95% titanium dioxide...