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The key is the new process to make a TiO2 pigment, you can call it CTL or ORF, it is the same, based on solvent extraction and originally pattented by PRO.
When ARGEX 1.0, it still needed 5-6 mois of development at the pilot plant: ARGEX 1.0 became ARGEX 2.0 including new people without knowledge and the former employees found other job.
Same for Splendor which realize that it cannot achieve the project: no money and no connection with the TiO2 industry. Anyway, TEMAS discussed with former ARGEX 1.0 people but they stopped discussion.
Also, TEMAS made too much confusion with Ti metal (will they made Ti sponge?), Rio Tinto (Rio produce synthetic rutile for chloride process) and I cannot see any future producing ilmenite for the sulphate process (no sulphate process plant in North America and lot of projects in Africa and China). Stay tuned!
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