Shift in Titanium Dioxide ProductionDriven by increasing demand and consumption from end-use sectors, the global titanium dioxide market is experiencing substantial growth, currently valued around US$19B and expected to reach $32 billion in the next decade.
Providing maximum whiteness and opacity, TiO2 pigments are used in paints, coatings, plastics, paper, building materials, cosmetics, pharmaceuticals, foods and many other commercial products.
With companies like Kronos Worldwide and Tronics seeking new assets in Canada and other countries due to the end of economic life of their current projects, there has been a shift in TiO2 production, creating an opening in the market. (Source:
https://www.grandviewresearch.com/industry-analysis/titanium-dioxide-industry)
Eco-Friendly Titanium Extraction & Development
With a Preliminary Economic Assessment and 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.
Boasting 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.
Notably, Quebec is an attractive mining jurisdiction due to its long history of resource development, major mines, and supportive government which promotes the industry and provides financial support.
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.
Currently completing the second financing round to advance their critical metal projects in Qubec, TMAS is well-structured with significant insider ownership and minimal float in the market.
With a seasoned management team and substantial insider ownership, TMAS is positioned to capitalize on the growing demand for critical minerals, offering investors a promising opportunity in the evolving market landscape.
For more information, refer to Temas Resources' (TMAS.c TMASF) latest presentation at Deutsche Goldmesse:
https://www.youtube.com/watch?v=tGZ5v_j_gT0 Posted on Behalf of Temas Resources Corp.