Titanium

Rio Tinto subsidiary abandons plans for $4B titanium plant in Quebec

Rio Tinto’s iron and titanium subsidiary has abandoned plans to build a $4-billion plant in Becancour, Que., that would have created up to 400 jobs.

The decision comes amid a collapse of titanium prices and follows the replacement of the global mining giant’s chief executive. Read more

VSMPO-Avisma Signs Accord to Set Up Titanium Venture in Vietnam

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By Yuliya Fedorinova

OAO VSMPO-Avisma Corp. (VSMO), the largest titanium producer, signed a memorandum of understanding with Vietnam National Coal-Mineral Industries to develop output in the Southeast Asian nation.

The companies are interested in setting up a joint venture to make titanium products, VSMPO-Avisma said in a statement on its website today. Read more

Yesterday’s top story: Panguite: Earth’s newest and one of solar system’s oldest minerals

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By Dorothy Kosich

Geology geeks and Trekkies throughout Planet Earth can rejoice-panguite, the world’s newest and perhaps one of its oldest minerals-announced Tuesday by the International Mineralogical Association’s Commission on New Minerals, Nomenclature and Classification, can trace its origins to before the birth of our solar system.

Four decades after a fireball exploded, scattering thousands of pieces of the Allende Meteorite across Mexico’s State of Chihuahua, Read more

Apella seeks to define the future of vanadium energy with Lac Dore and Iron T

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Energy. It is one of the defining issues of our time.

The vanadium redox battery—with its ultra long life and vast capacity to hold power—is the key to our future energy storage requirements primarily in the solar and wind turbine sectors. Read more

Kenya titanium cargoes to start 2013-Base Resources

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By David Clarke

Australia’s Base Resources Ltd said on Monday it expected the first shipment of products from its Kenyan titanium mining project by mid-2013.

The project near the east Africa nation’s port city of Mombasa is scheduled to begin in September after lengthy delays due to demonstrations by environmental groups, disputes with farmers over land compensation and talks with the government. Read more

TITANIUM MINING: Rio Tinto extending life of ilmenite mine

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Rio Tinto Fer et Titane (RTFT) is planning to extend the life of its Lac Tio ilmenite mine in Havre Saint Pierre to 2050 and modernize its metallurgical complex at Sorel-Tracy. Mining will expand to seven days a week from five, creating 70 new jobs. Projects at the metallurgical complex will improve efficiency and boost environmental performance, including a 60% reduction in sulphur dioxide emissions.

RTFT says the changes carry a price tag of $800 million, to be spent over the next five years. Read more

Argex Mining transitions to development with vast titanium, vanadium deposit

www.argex.ca • 1.877.414.7719

Michael Dehn
President & CEO

Argex Mining (TSXV: RGX) is arguably the only serious junior player in the titanium sector in North America. The company’s La Blache project in mine friendly Quebec has huge historic resources potentially worth billions and a proprietary method of extracting not just the TiO2, but also vanadium and iron. With a Preliminary Economic Assessment on the horizon and a pilot plant almost complete, the company’s CEO, Michael Dehn, is pumped about the year ahead.

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Hot Stocks: Argex Mining: The Only Serious Titanium Play in North America?

Argex Mining (TSXV: RGX) is arguably the only serious junior player in the titanium sector in North America. The company’s La Blache project in mine-friendly Quebec has huge historic resources potentially worth billions and uses a proprietary method of extracting not just the TiO2, but also vanadium and iron. The company is expected to produce about 600,000 tonnes of TiO2 per year at full production, which will be close to 20% of the world’s production. Read more