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Ilmenite price range widens downward in China, defying expectations
By CAMERON PERKS
Published: Thursday, 20 September 2018
Ilmenite prices in China softened again this week due to ample supply and weaker-than-expected demand, defying expectations from some market participants that they would not.

Weaker-than-expected demand, which is the result of a number of factors, combined with ample supply have caused ilmenite prices in China to decrease for the third time in as many months, resulting in a widening price spread.

The main factors which have contributed to lower demand this month include a slowing Chinese economy,

Hainan Wensheng New Materials announced a price increase announcement
Sep.20 2019 Source:ruidow
Keywords:zircon

Hainan Wensheng announcing an increase of 500 yuan per ton of zircon sand, mainly due to the increased procurement costs of middle grade and taling zircon.
Hainan Wensheng is China's largest zircon sand concentrator, the price adjustment may cause other suppliers to raise prices, coupled with next month Iluka, RBM implementation of new prices, the domestic market in October zircon sand may be a small increase.

Toho, AMIC complete sponge plant
Toho Titanium and Advanced Metal Industries Cluster (AMIC), announced that the joint-venture company completed the construction of a new titanium sponge plant in Yanbu Industrial City and is currently preparing for the start-up of commercial production.
www.toho-titanium.co.jp
3 September 2018

Medium grade zircon sand price increased slightly

URL: http://www.ferroalloynet.com/analysis/medium_grade_zircon_sand_price_increased_slightly_1bd0879b_f761_4a02_bb4b_d6cfde30539f.html
Posted: Thu, 13 Sep 2018 03:40:00 GMT [1 days ago]

And may be problems with new sources

Concerns over uranium and thorium levels in mineral sand deposits have been a key topic for delegates at this year’s ZIA conference held in Bangkok.

Delegates at this year’s ZIA conference have heard multiple presentations on growing concerns about the levels of uranium and thorium (U+Th) in zircon in mineral sand deposits that are yet to be developed.

RBM zircon customers ‘told to expect delays, no guarantees on Q4 volumes’

By Cameron Perks
Published: Thursday, 06 September 2018

Worker protests and a furnace accident cut production at Rio Tinto’s Richards Bay Minerals operations, and some customers have been warned that there might be no further supplies of zircon this year.

Customers purchasing zircon from Rio Tinto’s South African Richards Bay Minerals (RBM) operations have been told to expect delays and that purchased volumes were not guaranteed, they claimed.
One customer was informed that orders were "not guaranteed in terms of volume" and that orders could be delayed

dividend, dividend, dividend

That will be the big news at CMD

Analysis

https://www.londonstockexchange.com/ftse-analytics/IE00BDC5DG00IEGBXSSMM.pdf

Lomon Billions basically completes construction of chlorination production line
2018-08-29 15:14:39 【Print】
1 2 3 4 5
On August 28th, Lomon Billions claimed that it has basically completed the construction of the main body of the chlorination production lines with annual capacity of 200,000t and is installing and debugging the equipment. According to the schedule, it can carry out solo test run at the end of the year and officially puts the production lines into operation in H1 of 2019. The production lines are expected to reach the designed capacity step by step and the company expects to see the newly increased output of chlorination titanium dioxide of about 100,000-150,000t in 2019.
.

Titanium market review(8.13-8.17)
Aug.20 2018 Source:ruidow
Keywords:titanium market

Ilmenite
This week, the ilmenite market in Panzhihua is running stably and weakly. Small factory low price transaction eased slightly, big factory prices is stable. By August 17th, Panzhihua 46% titanium ore is about 1200 yuan / ton, 47% titanium ore is 1300 yuan / ton.
Titanium dioxide
This week, titanium dioxide quotations are stable, mainly for processing orders. By August 17, most of the domestic mainstream prices of sulfuric acid rutile and anatase titanium dioxide were between 15,800 to 17,800 yuan / ton, and between 13,500 yuan to 14,500 yuan / ton respectively.
Titanium ****
This week, the price of titanium **** has not changed. It is reported that the acid **** enterprises are generally in a profitable state, and the high **** market is not ideal, there is a cost hanging upside down situation. By August 17th, the mainstream price of high titanium **** was 6150 yuan / ton.
Titanium tetrachloride
This week, the supply of titanium tetrachloride in short supply, prices continue to rise, sponge titanium enterprises in the purchase price of 7,100 yuan to 7,200 yuan / ton. According to industry sources, some titanium tetrachloride quotations in the south are as high as 7,400 yuan / ton. Due to the shortage of supply and demand, the price will continue to soar.
Sponge titanium
Sponge titanium prices stabilized this week. According to people familiar with the matter, a suspended titanium sponge company will resume production, is currently in the preparatory stage, as soon as October will resume. At present, the demand for downstream is booming, and the prices of enterprises are strong. As of August 17th, the mainstream price of 1# sponge titanium in China was 65 thousand yuan / ton.
Titanium material
Titanium material prices are stable, and aviation and aerospace demand continues to grow. As the leading enterprise of titanium, BaoTi group represents the overall development of titanium market. It is understood that Bao Ti Group in the first half of this year, sales of titanium materials reached about 5797 tons, with the growth of national defense demand, Bao Ti military titanium materials will continue to release. According to the insiders, orders for titanium enterprises have increased steadily, and sales volume is in line with expectations.

330 is still 30% up from here

Margin of safety
Also offering a wide margin of safety in the resources industry is Kenmare Resources (LSE: KMR). The producer of titanium minerals and zircon released positive half-year results for the six months to 30 June on Monday.

They showed that the company was able to ship 589,200 tonnes of finished products during the period. This was up 10% on the figure from the same period of last year. This helped to push revenue higher by 37% to $140.1m, with higher prices also acting as a catalyst. EBITDA (earnings before interest, tax, depreciation and amortisation) increased by 59% to $47.5m, with net debt falling to $9.3m from $34.1m at the end of 2017.

Looking ahead, Kenmare is forecast to post a rise in earnings of 26% in the next financial year. Despite its positive recent performance and its upbeat growth outlook, it has a price-to-earnings growth (PEG) ratio of just 0.2, which suggests that it could offer a wide margin of safety. Certainly, its share price may be volatile. But with a low valuation and what seems to be a sound strategy, its long-term share price growth potential seems to be high. As such, now could be a good time to buy it.

230 newbies already up 10%

Of company changing hands this morning

230p good price for coming on board

If price is nearest to offer price then classed as buy Spread currently 227 - 232 so all deals at 230 are classed as buys

Picking up Next news fully running B up grade Then Q3 Then investor day

Happy days

Recent topping up......

Did all my topping up sub $2.20 Hoping for steady run up now

Yep Expect them in the morning Ilmenite now rising