Iluka looking to boost rutile market

Feb 27, 2014 | 09:04 AM | Frank Haflich

Tags  Iluka Resources, Metalysis, titanium, rutile, RTI International Metals, Frank Haflich

LOS ANGELES — Titanium feedstock producer Iluka Resources Ltd. is looking for a relatively small investment in a British venture to eventually help boost a currently slumping global market for rutile.

Perth, Australia-based Iluka has invested Australian $22.5 million ($20.2 million) in Metalysis Ltd., Rotherham, England, which has developed a "potentially disruptive technology" that is close to commercialization and represents a possible "new source of high-grade titanium dioxide feedstock demand," Iluka managing director David Robb said in a statement.

Metalysis recently produced titanium powder "directly from rutile at a pilot scale using a batch process," Iluka said, claiming the process results in metal powder "at a significantly lower cost" than the Kroll process that is used to produce most titanium.....





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