Iluka looking to boost rutile market
Feb 27, 2014 | 09:04 AM
| 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.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.