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Mineral Sands Annual Review 2011 “Shifting dynamics herald industry change”

June 26, 2011

In the 2011 edition of Mineral Sands Annual Review, TZMI defines the standard for industry-wide analysis, providing comprehensive data and concise, independent commentary including information on titanium sponge, metal and high purity pig iron. An introduction to the titanium industry and profiles of titanium feedstock, pigment and titanium sponge producers and zircon millers are provided in separate appendices, an essential reference for either new or established participants in the industry.

(PRWEB) June 25, 2011

Times are certainly changing in the mineral sands industry, as evidenced by rapidly rising prices for titanium dioxide feedstocks, zircon and pigment throughout 2010 and into 2011. This environment has come about through strong and increasing global demand across the mineral sands supply chain. Supply deficits have developed across all sectors of the industry, with particularly tight markets for zircon and pigment. This has been exacerbated by the lack of investor investment and interest in the mineral sands industry in the past few years, with no significant new supply forecast to swing the current imbalance for the next couple of years.

It is in this environment of changing market dynamics that TZ Minerals International (TZMI) has released the 19th edition of Mineral Sands Annual Review 2011: the definitive reference for the titanium minerals, zircon and TiO2 pigment industries.

This must-read comprehensive publication studies in detail all aspects of the industry involving the two product chains: the supply of titanium raw materials, (titanium feedstocks), largely used to produce titanium dioxide (TiO2) pigment with small amounts used in the titanium metal sector; and the supply of zircon sand to a number of industries, dominated by the ceramics sector.

Mineral Sands Annual Review has been developed as a benchmark publication to provide this much sought after information to the sector. TZMI provides in-depth analysis generated by its extensive database and determined by its key personnel with a wealth of knowledge in the mineral sands industry.

Mineral Sands Annual Review covers the industry from all aspects of the supply chain from miners through to pigment producers with detailed, independent information and data on supply, demand, pricing and trade information for feedstocks, pigment, zircon, titanium sponge and high purity pig iron.

While 2009 is a year most in the mineral sands industry would prefer to forget, 2010 was probably best remembered as the year of recovery. The industry has largely recovered from the impact of the global financial crisis (GFC), but the lingering effects have manifested in constrained supply and increasing prices.

In the 2011 study, TZMI forecasts that a wide range of titanium feedstock prices are expected among individual product types, in some cases a 3 tier pricing environment: lower prices associated with longer-term contracts (including re-negotiation of base prices); significantly higher prices for new contracts (both annual and six-monthly price negotiation); and “Ëœpeak’ pricing in spot sales, some of which will reflect panic buying for those customers unable to secure sufficient off-take.

TZMI pricing data saw the 2010 price index increase by 7% in nominal terms. In real terms this represents an increase of 4.8% year-on-year when taking the US CPI for that year into account. This reversed the deterioration in the weighted average price index reported for 2009 in the wake of the global economic downturn.

Zircon markets are examined in the study, particularly in light of global zircon demand in 2010 surging to record levels amid a rapid recovery from the GFC. The effects of the GFC resulted in 2009 zircon consumption falling to the lowest level since 1999. However, demand recovery in all zircon consuming regions along with significant growth in Chinese zircon demand created the most buoyant zircon market in recent memory in 2010 and so far into 2011. This, along with supply shortages, has seen unprecedented price increases leading to record price levels in zircon trade. For zircon, the anticipated market deficit position is more pronounced than for titanium feedstocks in the medium term.

Analysis is also provided on TiO2 pigment supply and demand with reports that global nameplate pigment production capacity increased by 3.5% to 6.0 million tonnes during 2010, with chloride capacity remaining virtually flat and sulfate capacity increasing by 7.5% or 193,000 tonnes, of which most was realised in China. More detailed analysis of the TiO2 pigment industry can be found in the recently published TiO2 Pigment Annual Review 2011.

In the 2011 edition of Mineral Sands Annual Review, TZMI defines the standard for industry-wide analysis, providing comprehensive data and concise, independent commentary including information on titanium sponge, metal and high purity pig iron. An introduction to the titanium industry and profiles of titanium feedstock, pigment and titanium sponge producers and zircon millers are provided in separate appendices, an essential reference for either new or established participants in the industry.

Orders for Mineral Sands Annual Review are now being taken by TZMI. For more information about subscription to the 19th edition of Mineral Sands Annual Review please visit http://www.tzmi.com.

About TZMI

TZMI is a global, independent consulting and publishing company with offices in Australia, the US, Europe, Africa and China. The strength of TZMI’s consulting services stems from extensive practical experience in the mineral sands, titanium dioxide and coatings industries and from a comprehensive database, which has been built up over many years.

TZMI has proven expertise gained from our consultants having many years of direct operating experience in the industry in chief executive, senior operational, analytical and marketing roles.

TZMI’s publications and data services support the consulting activities and ensure up-to-date, high quality and comprehensive data, analysis and information across the mineral sands, zircon and TiO2 pigment industries.

TZMI provides operational and technical expert advice on many areas including:

  •     Mergers and Acquisitions
  •     Market Assessments and industry analysis
  •     Due diligence
  •     Pre-feasibility studies incl. preliminary capital and operating cost estimation
  •     Competitive cost analysis and benchmarking
  •     Technical reviews and audits
  •     Resource assessments
  •     Physical separation test work
  •     Flowsheet development
  •     Customised data analysis and reporting

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/6/prweb8595609.htm


Source: prweb