Titanium's market has exceeded expectations, maintaining a price of over USD $3,000 per tonne since August 2022, far surpassing the assumed value of USD $2,200 per tonne, and now faces an impending scarcity, presenting an enticing market prospect.
Titanium Dioxide (TiO2), known for its unmatched refractive index, is poised for significant growth, with the TiO2 Market projected to reach US$32 billion by 2032, up from US$19 billion in 2022.
While Russia and China have been key players in global titanium production, concerns over dependency, especially amid geopolitical tensions, have led Western firms to seek alternatives, highlighting the lucrative opportunity in titanium production.
(Source: https://thedeepdive.ca/boosting-titanium-production-amid-heightened-reliance-on-russia-china-supply/)
Eco-Friendly Titanium Extraction & Development in Quebec
Temas Resources (TMAS.c TMASF) is strategically positioned in Quebec, focusing on critical metal projects, notably the La Blache and Lac Brule titanium projects, employing innovative and eco-friendly mineral processing technologies to minimize environmental impact.
The La Blache project boasts impressive economic metrics, including a post-tax NPV of CAD$6.8 billion, a post-tax IRR of 55.1%, and a short capex payback period, showcasing its viability and profitability.
Located in the heart of the main claim block, Lac Brule demonstrates promising mineralization, with historical tests revealing high efficiency in titanium extraction, further bolstering TMAS's potential in the region.
With a seasoned management team and substantial insider ownership, TMAS is well-positioned to capitalize on the growing demand for critical minerals, offering investors a promising opportunity in the evolving market landscape.
For further insights, TMAS's latest presentation at the Kinvestor Critical Minerals & Mining Conference provides a comprehensive overview of the company's strategies and prospects: https://youtu.be/UNWSLzEhlOk?si=q9ZlWy-rZ0MQhfW1
Posted on Behalf of Temas Resources Corp.