with the support of
AUSENCO and HSBC
Thursday June 6th at 12.30 p.m.
Presents a big triple-header of TiO2 CEOs
Ticor’s Rod Ruston, Austpac’s Mike Turbott and BeMaX’s Stephen Everett
The Australian TiO2 industry is on the hop but where to invest?The Sydney Mining Club crew have put together a lunch time event that will give you answers to this and many other questions in one hit! Technologies, new deposits and shifting markets are spinning up a very dynamic picture.If you ask Rod Ruston, our keynote speaker, 2003 will see a shakeout in the sector. Resources like BeMaX Resources massive Ginkgo and Snapper deposits in the Murray Basin, and new entries in Tanzania and India are being added to a rather full platter of potential world feedstocks.But established producers like Ticor are ready to defend their markets. Major TiO2 consumer Du Pont will meanwhile take a 300,000 tonne holiday and work from stockpiles for a year.It looks like a case of musical chairs in the TiO2 market place.
Iluka and Rio Tinto have 60% of the world TiO2 supply locked up between them but the understorey is offering a wide range of investment angles.Will feedstock consumers see the new generation producers as a much needed source of competition? Yes says BeMaX which is now racing to be the first of several Murray Basin hopefuls into the market.Stephen Everett expresses a high degree of confidence in securing offtake agreements. He draws attention to the strong advantages BeMaX deposits enjoy – such as favourable metallurgical and physical characteristics. The NSW Government is backing BeMaX’s Broken Hill processing facility.Technology could play a big role. Austpac’s Mike Turbott says its selective roasting technologies to upgrade ilmenite and reduce chrome levels will unlock the Murray Basin deposits. A decade of homework by Austpac on its ERMS synthetic rutile process is about to pay off with a JV, including Ticor, contemplating the construction of a 10,000tpa plant in India. Another unique SMC presentation and, as usual, not to be missed!
The Forum is held at the Tattersalls Club at 181 Elizabeth St, Sydney (adjoining the Sheraton on the Park). There has been a relaxation of dress rules at the Tattersalls Club so ties and jackets are no longer required.
Thank you for supporting your Sydney Mining Club and for your interest in the current affairs and issues that drive our industry.
AusIMM students $10, AusIMM, AIG & SMEDG members $30, non-members $35. Corporate Table bookings (10 people) $350.00 (incl GST) per table
NOTE: LATE BOOKINGS $10 EXTRA!!! The Tattersalls Club is at 181 Elizabeth St. Ties and Jackets no longer required. Thank you for supporting your Sydney Mining Club and for your interest in the current affairs and issues that drive our industry.
The Sydney Mining Club
Fax bookings to 02 9416 2583
(Other inquires call 02 9416 0666 and ask for Sharon Johnson)
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¨ AusIMM, SMEDG, AIG Member $30 / ¨ Non Member $35 / ¨ AusIMM Student $10 Corporate Table bookings (10 people) $350.00 (incl GST) per table
RSVP BY 5pm, Tuesday 4th June
Note: late bookings $10 extra!!