TMAS' Breakthrough Extraction Tech & High-Potential Projects As highlighted in the article below, Titanium dioxide (TiO2), a naturally occurring oxide of titanium, is essential in numerous industries due to its brightness and UV-resistant properties. It is widely used in coatings, plastics, paper, cosmetics, and sunscreens.
With global TiO2 demand projected to rise to 8.8 million metric tonnes annually by 2025, Canada's TiO2 sector has opportunities for growth. Technological advancements and sustainable practices are key for future competitiveness and market share expansion.
Source: https://argex.ca/
Temas Resources (TMAS.c or TMASF for US investors) is looking to revolutionize Quebec's thriving TiO2 sector and boost domestic production through exploration and its unique ORF extraction process that is expected to be 144.8% more cost-effective than traditional methods.
This breakthrough occurs at a pivotal moment, as the demand for TiO2, particularly from Western sources, is increasing.
TMAS' La Blache Project in Quebec is a major initiative targeting titanium dioxide (TiO2) and other valuable elements. Spanning 6,203.12 hectares, the project is strategically positioned 100 km north of Baie-Comeau.
Utilizing advanced processing techniques, including TMAS's proprietary ORF extraction technology, the project has achieved high recovery rates for TiO2, iron, and vanadium.
Initial metallurgical tests at La Blache's oxide mineralization have produced TiO2 suitable for pigment-grade material. Moreover, the tests demonstrated a 90% recovery rate for iron and a 95% recovery rate for vanadium, resulting in a high-purity final product.
A recent preliminary economic assessment of La Blache forecasts a post-tax net present value (NPV) of $6.6 billion over a 14-year mine life. The assessment predicts an annual production of 660,000 tonnes of TiO2, with a payback period of 25 months and an internal rate of return (IRR) of 60.8%.
More here: https://temasresources.com/la-blache/
Posted on behalf of Temas Resources Corp.