Titanium Dioxide Market to Surpass USD $39.31B by 2033 Set to surpass USD $39.31B by 2033, the titanium dioxide market is growing at a projected 5.81% CAGR. Fueled by the growing application of its ultrafine particles in the cosmetics and construction industries, supportive government policies, incentives for sustainable practices and research funding, considerable opportunities are expected during the forecast years.
Titanium dioxide's role in enhancing coating performance creates a range of innovation and market expansion opportunities, especially amid the growing trend toward smart and sustainable building materials. (Source: https://www.globenewswire.com/news-release/2024/02/16/2830475/0/en/Titanium-Dioxide-Market-Size-Is-Surpassing-USD-39-31-Billion-by-2033-Growing-at-Projected-5-81-CAGR.html)
Eco-Friendly Titanium Extraction & Development
Boasting a significant titanium dioxide deposit worth approximately $6.6B, Temas Resources (TMAS.c TMASF) is positioned to take advantage of this opportunity with its La Blache Project.
With 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, La Blache is one of TMAS' two critical mineral projects in Quebec.
Additionally, TMAS' is expected to advance its second project, Lac Brule, to a PEA later this year and is located in the heart of the main claim block, demonstrating promising mineralization is additionally rich in titanium dioxide with historical tests revealing high efficiency in titanium extraction.
TMAS' Competitive Edge
Providing a competitive edge with superior processing abilities, TMAS additionally owns a stake of its own processing technologies, ORF technology.
Supporting its internal La Blache Project developments as well as unrelated third-party mining projects, the suite substantially lowers both capital and processing expenses by 30-50% while enhancing recovery rates in complex deposits.
Enabling on-site production of metal or high-value products, this significantly improves the economics at the mine gate compared to traditional concentrators and offers an environmentally friendly alternative reducing the carbon footprint.
For more information, refer to TMAS' latest presentation at Deutsche Goldmesse: https://www.youtube.com/watch?v=tGZ5v_j_gT0
Posted on Behalf of Temas Resources Corp.