Industry Analysis & Industry Trends
Australia dominates world output of the major mineral sands due to large natural reserves and extensive mining sites. Mining volumes and prices of the various mineral sand products have generally increased in the past five years. Exports are expected to account for almost half of total production and are sold mainly to pigment manufacturers, although zircon is primarily sold to producers of refractory bricks (used in metal smelting operations). The largest export market is China.
The Mineral Sand Mining industry is expected to generate revenue of $2.5 billion in 2014-15, up from $1.8 billion in 2009-10, resulting in an annualised increase of 5.9% over the past five years. Profit has also increased over this period to account to 21.0%... purchase to read more
Industry Report - Industry Products Chapter
The majority of industry products are mineral sands that have undergone limited processing, such as rutile, ilmenite, zircon and leucoxene. The industry also produces titanium dioxide pigment and synthetic rutile through basic beneficiation processes.
Titanium dioxide pigment
Titanium dioxide pigment is mainly produced from feedstock of ilmenite and rutile that is processed and refined in combination with other inputs. This product is then used as a whitening or brightening pigment in paint, paper, plastics and other goods. IBISWorld estimates that titanium dioxide pigment will account for 28.2% of industry revenue in 2014-15, down from 33.6% in 2009-10 due to the relative growth in other product segments in the past five years... purchase to read more