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Australia-focused mineral sands miner Image Resources has recorded a 37% decrease in production of heavy mineral concentrate (HMC) and a 38% decrease in HMC sales for the first three months of 2022, compared with the final three months of 2021.
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Africa-focused mineral sands producer Base Resources has reported a decrease in the volumes of ore mined in the first quarter of 2022, both year-on-year and quarter-on-quarter.
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Michael Carvill, managing director of titanium minerals and zircon producer Kenmare Resources, shares his views on the future of mineral sands markets and how they and the company fit into a low-carbon economy.
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Titanium minerals and zircon producer Kenmare Resources achieved an 87% increase in revenues and almost tripled its earnings before interest, taxation, depreciation and amortization (Ebitda) year-on-year in 2021, the company said in its preliminary results report for the year, published on Wednesday March 23.
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Australia-focused mineral sands miner Image Resources recorded a 21.79% year-on-year decline in its after-tax net profit in 2021, it said in a financial report for the year.
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The mineral sands market is experiencing rising nervousness on Thursday March 3 over the impact of Russia's invasion of Ukraine, industry participants said.
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Australia-focused mineral sands miner Image Resources will hold a general meeting of shareholders to consider resolutions including the removal of current chairman Robert Besley, managing director Patrick Mutz and non-executive director Chaodian Chen, on Thursday March 24 at 10.00 Western Australia time.
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Australia-focused mineral sands miner Image Resources achieved an 83% quarter-on-quarter increase in heavy mineral concentrate (HMC) production in the three months ended December 2021, the company said in its quarterly activities report.
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Oliver Hasler, chairman and chief executive of Indonesia-focused zircon producer PYX Resources, shares his view of what the future holds for the mineral against the backdrop of the growing push toward global decarbonization.
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Africa-focused mineral sands producer Base Resources achieved “operational consistency” at its Kwale mine in Kenya in the fourth quarter of 2021, the company said in its operational, development and corporate update for the three months ended December 31.
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International mineral sands company Iluka Resources achieved quarter-on-quarter production increases for both zircon and rutile in the fourth quarter of last year, the company said in its quarterly review for the three months ended December 31, 2021.
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Prices for sulfate-grade titanium dioxide remained stable in the week to Thursday January 20, with market participants reporting a slowdown in activity because of the approach of the lunar new year holiday in east Asia.
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Titanium minerals and zircon producer Kenmare Resources achieved records for safety, production and sales in 2021, the company said in a trading update for the full year and fourth quarter ended December 31, 2021.
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Sulfate-grade titanium dioxide prices rose in the week to Thursday January 6, with reports of price increases from Chinese sellers, alongside ongoing expectations of supply decreases in the coming weeks.
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Fastmarkets opened a consultation on Monday November 8, inviting feedback on its pricing methodology for industrial minerals, in line with our annual methodology review process.
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Zircon producer PYX Resources, which is listed in both London and Australia, has increased by 33% the production capacity of the mineral separation plant (MSP) at its Mandiri deposit in Indonesia, it said on Wednesday December 1.
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Australia-based mid-sized mineral sands miner Base Resources was successful both operationally and financially in its 2021 financial year ended June 30, with “remarkably resilient” markets for mineral sands products, retiring chairman Keith Spence told the company’s annual general meeting (AGM).
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Fastmarkets is inviting feedback from the industry on its pricing methodology for industrial minerals, as part of its announced annual methodology review process.
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The collapse of the iron ore market and market turbulence over Chinese property developer Evergrande Group are adding to the economic woes caused by the Delta variant of Covid-19 for much of this year.
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Mineral sand miner Kenmare reported a sharp rise in revenues and profits on August 18. Post-tax profits soared by 278%, boosted by higher mineral sand pricing and rising production.
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Rio Tinto’s Richards Bay Minerals (RBM) operation in South Africa will shut one of its four titanium slag furnaces, slowing the depletion of stockpiled feedstock after mining operations at the site were halted.
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Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals in South Africa due to an escalation in the security situation at the operations.
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South Africa will move to an adjusted alert level 4 lockdown for 14 days from Monday June 28, President Cyril Ramaphosa said in an address to the nation on Sunday June 27.
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The United Kingdom and Australia secured a free-trade deal on Tuesday June 15, the first agreement negotiated from scratch since Britain's departure from the European Union.
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A manager at South African mineral sand miner Richards Bay Minerals, which is owned by Rio Tinto, has been killed on his way to work, the company has confirmed.
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Australian mineral sands junior Strandline Resources has signed binding agreements for all its planned production.
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Mineral sand miner Kenmare reported rising production and sales in the first quarter of 2021 in its production results released on Thursday April 15.
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Rallying Chinese titanium dioxide prices so far this year are driven by feedstock shortages and robust economic activity, sources told Fastmarkets on Thursday April 8.
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Fastmarkets proposes to reduce the frequency of its mineral sand price assessments.
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Mineral sand miner Base Resources has reported a net loss for the second half of 2020 in a results statement released on Monday February 22, although the price of mineral sand products showed strength in the period.
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US-based titanium dioxide producer Chemours has forecast double-digit-percentage volume growth in 2021, with the company regaining market share.
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Fastmarkets rounds up the latest logistical issues affecting supplies of metal, ores and alloys from African countries, in the period ended Thursday February 11.
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Mineral sand miner Base Resources has reported a recovery in ilmenite demand, after demand for pigment stayed resilient through 2020.
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As many as one-third of the current global portfolio of tailings storage facilities (TSFs) are impaired and in need of urgent intervention, according to the Switzerland-based Responsible Mining Foundation (RMF).
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Mineral sand miner Kenmare has forecast increases in output in 2021 after upgrading its facilities at Moma, Mozambique.
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The UK Competition and Market Authority will conduct a further investigation on the potential effect of Tronox’s purchase of the TiZir titanium feedstock business from Eramet, the two companies said on Monday January 4.
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View the Fastmarkets holiday pricing schedule for 2021 and 2022.
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The US titanium dioxide producer Chemours has signed an offtake agreement to sell monazite ore from its mineral sand mines in Georgia for uranium and rare earth production.
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Fifteen countries signed up to the Regional Comprehensive Economic Partnership at the annual summit of the Association of Southeast Asian Nations (Asean) on Sunday November 15.
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Mineral sand miner Kenmare Resources has reported a temporary drop in production at its Moma mine in Kenya.
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Mineral sands miner Iluka reported rising sales of zircon and natural rutile in the three months to September 2020, in a results report released on Wednesday October 14.
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With less than one month remaining before the presidential election in the United States, Fastmarkets takes a look at how the two main candidates’ platforms could affect the mineral markets.
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Fastmarkets opened a consultation on September 1, 2020, inviting feedback on its industrial minerals methodology in line with our annual methodology review process.
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Shareholders in Australian mineral sand miner Iluka will vote on whether to spin-off an iron ore royalty business, to allow the company to focus on core business plans.
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Fastmarkets is inviting feedback from the industry on its pricing methodology for its industrial minerals, as part of its annual methodology review process and compliance with the International Organization of Securities Commissions (IOSCO) principles for PRAs.
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Mineral sand miner Kenmare Resources has reported lower sales volumes because of the falling of quality of ore from its mine in Mozambique.
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Mineral sand miner Iluka has reported a drop in revenues for January-June 2020, driven primarily by lower zircon sales and pricing.
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Sheffield Resources has announced a joint venture with Chinese steel producer Yansteel to develop the Thunderbird mineral sand project to supply ilmenite for titanium dioxide production.
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Mineral sand miner Base Resources has noted strong demand for ilmenite, while also reporting production volumes that were above guidance for the half-year January-June 2020.
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The publication of Fastmarkets’ mineral sand assessments for July 23 was delayed due to a reporter error.
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