DATA - READING - FACTS15 Mar 2024 10:59
https://pubs.usgs.gov/pp/1802/t/pp1802t.pdf - report carried out by the united state geological survey
page 13 table 1 - there are only 4 places of around 20 places in the world which are of serious economic importance when it comes to titanium. two of the four are norway and australia. the other two are sierra leone and south africa, make your own minds up which are the most stable.
page 16
"the worldwide distribution of titanium deposits is shown in figure t3. the economic value and mining potential of a
titanium deposit is highly dependent on its mineralogy rather than its overall titanium content. although there are very large global resources of ilmenite and rutile combined, there is a worldwide lack of high-grade, high-quality ilmenite deposits as well as of high-quality rutile deposits (korneliussen and others, 2000a). mineral assemblage, grain size, morphology, texture, and type and quantity of included trace elements all contribute to the economic potential of a deposit."
"complications for exploitation of eclogite include highly variable rutileconcentrations and grain sizes, retrograde alteration of high-grade metamorphic rutile back to ilmenite or titanite,and the possible presence of impurities, such as calcium, magnesium, iron, and aluminum in trace silicates in rutile concentrates (korneliussen and others, 2000b). for example, in northern italy, the piampaludo eclogite has high tio2 content (about 6 weight percent), but during later metamorphism, some rutile was replaced by secondary ilmenite and titanite (liou and others, 1998), making this resource less economically attractive. the only currently active rutile mines in metamorphic rocks are the daixian rutile deposits in east-central china, which consist of lenses and layers of rutile-bearing high-grade metamorphic rocks that average about 2 weight percent tio2"
china, lovely country to deal with. remember the percentages that sb were giving? 67% and thats immediate within the first meter and it was packed every meter thereafter, every hole they drilled and best about it, its soft rock too.
https://www.statista.com/statistics/759972/mine-production-titanium-minerals-worldwide-by-country/
https://www.globalminingreview.com/mining/11072023/ilmenite-confirmed-as-key-titanium-mineral-at-empire-metals-pitfield-project/#:~:text=empire%20metals%20has%20announced%20the,economic%20titanium%2diron%20oxide%20mineral.
https://*********************/newsfeed/article/empire-metals-ltd-ilmenite-confirmed-as-key-titanium-mineral-1932819
"most importantly, only minor magnetite (fe3o4) was identified within the samples. there is evidence of some trace amounts of titanomagnetite, but the vast majority of the iron oxide and iron-titanium oxide minerals are hematite and ilmenite respectively. "
i've invested more as the sp has dropped, i'm seeing this investment as of course a risky one but the upside could be akin to ggp / eua
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