MZI Resources Ltd. Delivering High Value Mineral Sands Products into an Evolving Market
24.05.2016 | ABN Newswire
Perth, Australia - 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 producer focused on the high value minerals of zircon and leucoxene, and owns the newly commissioned Keysbrook Mineral Sands Mine, 70 km south of Perth in Western Australia.
Development of Keysbrook was completed ahead of schedule and within budget in October 2015, and completed its first shipment of zircon concentrate in December 2015. Keysbrook is designed to produce approximately 96,000 tonnes of zircon concentrate and leucoxene annually, with over 85% of all planned production committed under offtake contracts with blue chip international customers.
Contact:
MZI Resources Ltd.
Trevor Matthews, Managing Director
T: +61-8-9328-9800
E: admin@mzi.com.au www.mzi.com.au