Ilmenite Concentrate Prices
(China ilmenite import prices, data from Tuduoduo Titanium Consultancy)
Major public ilmenite producing companies and stock performance
Why invest in ilmenite mining?
Here are a few reasons you should invest in Titanium resource mining
Growing Demand
Ilmenite is the major source for titanium dioxide and titanium alloy production, which present a $ 26 Billion market size, with a 7.31% CAGR till 2027 (According to Research and Markets)
Supply Constrains
Many large ilmenite mines are close to mine life limit and very few large-scale mines can go online to fill the gap; Some ilmenite mine production is associated with iron ore production, and can be impacted by iron ore prices
Subject less to economical /commodity cycles
Titanium is used in a wide range of industry and products and its main application as TiO2 pigment shows less correlation to economy-sensitive commodities like iron ore and copper
Critical Material with no ideal substitute
Both titanium dioxide and titanium alloy have unique physical property that no other material can offer, and they are irreplaceable in many industries
Recycle currently not available
Titanium metal is mainly used in long-life products and titanium dioxide is unable to be recycled with scale
Profit margin shifting upstream of Value Chain
The imbalance of supply and demand has given mining sector pricing power, and some vertically integrated players are allocating more profits to upstream than refinery.