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Mineral sands prices all moved up during the two weeks to Thursday June 9, with sources suggesting that the market was generally stronger, and with third-quarter prices now starting to be agreed at higher levels - at least, for rutile.
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Operations by African mineral sands producer Base Resources at Kwale in Kenya have been impeded by recent heavy rainstorms, the company said on Monday June 6.
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International mineral sands mining company Iluka Resources achieved a year-on-year increase of 44% in the production of zircon, rutile and synthetic rutile in the first three months of 2022, it said in its latest quarterly review.
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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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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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After a one-month consultation period, Fastmarkets has amended the names of its rutile prices to remove the word “concentrate” from the terminology.
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Australia-focused mineral sands miner Image Resources has completed a binding sale and purchase agreement to acquire McCalls Mineral Sands Project in Western Australia.
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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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International mineral sands company Iluka Resources has reported an 85% year-on-year increase in its mineral sands earnings before interest, depreciation, taxation and amortization (Ebitda) for the full year 2021, the company said in its annual results release.
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The price range for sulfate-grade titanium dioxide narrowed in the week to Thursday February 17, with market participants describing trade as generally quiet.
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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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Zircon producer PYX Resources has commenced production and sales of natural rutile from its Mandiri deposit in Central Kalimantan, Indonesia, as a by-product of its primary zircon production operation, the company has said.
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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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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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After a consultation period, Fastmarkets has decided to reduce the frequency of its mineral sand pricing.
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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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High demand for bulk vessel space for mineral raw materials exported from China is driving costs for this transport option higher, with market participants reporting an array of factors that are affecting trading conditions and delivery timelines.
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Fastmarkets proposes to reduce the frequency of its mineral sand price assessments.
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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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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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View the Fastmarkets holiday pricing schedule for 2021 and 2022.
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The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal transition period ends, easing metals and minerals market participants’ fears of logistics paralysis and material shortages.
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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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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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