Delivering High Value Mineral Sands Products into an Evolving Market
Perth, May 24, 2016 AEST (ABN Newswire) - MZI Resources Ltd (
ASX:MZI) are pleased to provide the Company's Presentation to Resources Rising Stars Conference 24 - 25 May 2016 titled, "Delivering High Value Mineral Sands Products into an Evolving Market."
What makes MZI and Keysbrook compelling?
- MZI is the world's newest producer of high value Zircon and TiO2 products
- Focused on the Keysbrook Project, 70km from Perth
- Keysbrook is a high-margin long-life project with strong growth potential
- Construction completed and production commenced on budget and ahead of schedule
- Keysbrook will be the world's biggest primary producer of Leucoxene
Market Outlook
- Market for premium mineral sands products remains relatively stable compared with other commodities
- Modest mid term price growth forecast
- Broad demand for products used in everyday life
Zircon
- The zircon price has eased over the past year with premium grades currently selling for ~US$950 pmt.
- Producers are reducing supply in response to soft market conditions
- Global consumption is currently assumed to be ~1.0 million tonnes per year, with demand growing in step with global GDP.
Titanium Dioxide
- Demand for TiO2 feedstock remains stable, modest price growth anticipated post 2016.
- New titanium metal production technology a potential game changer for TiO2 demand
To view the presentation, please visit:
http://abnnewswire.net/lnk/8OSI4QGW
About MZI Resources Ltd
MZI Resources Ltd (ASX:MZI) is a mineral sands company focused on the high value minerals of zircon, rutile and leucoxene based in Perth, Western Australia. Its flagship operating asset is the Keysbrook Mineral Sands Project, located 70km south of Perth. At the Keysbrook mine, mineral sands are mined and processed to produce heavy mineral concentrate (HMC) which is processed into final products under a toll treating arrangement with Doral Mineral Sands Pty Ltd at the Picton Mineral Separation Plant (MSP) near Bunbury.
The Keysbrook mine hosts a world-class zircon / leucoxene ore body with total Ore Reserves equivalent to over 15 years of production at design output rates, and total Mineral Resources equivalent to over 30 years of production. Production commenced in late 2015, making the Keysbrook Project Australia’s first – and the world’s largest - primary producer of high value leucoxene.
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