ILMENITE MARKET ANALYSIS

Market News

Key Developments:-

• In March 2018, Lomon Billions announced to acquire Sichuan Anning Iron and Titanium Co., Ltd, a China based manufacturer of ilmenite and iron concentrate. The acquisition aimed to manufacturing of ilmenite from the combination of Anning and its existing ilmenite operations by Lomon Billions.
• In August 2019, The Chemours Company, a titanium technologies, fluoroproducts and chemical manufacturer announced the acquisition of Southern Ionics Minerals, LLC, U.S. based a minerals exploration, mining, and manufacturing company. The acquisition would provide access to high-value ilmenite ore deposits to produce titanium dioxide pigments for Chemours Company.
• In January 2018, Zaklady Chemiczne Police (ZChP), a manufacturer of Titanium dioxide entered into agreement with Norway’s Titania, which is engaged into exploration, mining and supplying of ilmenite. Under this agreement the Norway’s Titania would supply ilmenite to Zaklady Chemiczne Police.