Iluka, Vale terminate JV on Tapira TiO2 project
Published: Thursday, 01 December 2016
After two years of investigations at a cost of A$6m, Iluka has advised that its Tapira joint venture with Vale has been terminated.
Iluka Resources ltd and Vale S.A. have terminated their
joint venture (JV) for the development of the
titanium-mineral-bearing Tapira complex in Minas Gerais state,
Due to the complex geological nature of the deposit, and
contained mineral assemblage, a method to produce...