Price Briefing 12 – 18 February
Published: Friday, 19 February 2016
Mineral sands miners slash output in effort to support market; chromite prices fall less than expected, while fluorspar rallies slightly; lithium spot prices distorting perception of industry.
Mineral sands miners with operations on
three different continents have been forced to review their
production rates in the last week, as oversupply, weak demand
and falling prices for titanium dioxide (TiO2)
minerals and zircon continue to weigh on the sector.
ASX-listed Base Resources Ltd is facing an oversupply
burden of 20,000 tonnes...