Industry Analysis & Industry Trends
Australia dominates world output of the major mineral sands. In 2013-14, its mineral sands production is expected to be about 500,00 tonnes of synthetic rutile, 450,000 tonnes of rutile, 2.3 million tonnes of ilmenite, 900,000 tonnes of zircon and 40,000 tonnes of leucoxene. Over half of this production is expected to be exported, 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 $2.1 billion in 2013-14. This is up from $1.7 billion in 2008-09, resulting in an annualised increase of 4.3% over the past five years. Profit is also estimated to have increased over this period to account for 29.3%... purchase to read more
Industry Report - Industry Analysis Chapter
The performance of the Mineral Sand Mining industry heavily depends on demand for titanium minerals and zircon and the prices for these minerals. The industry has faced highly volatile market conditions over the five years through 2013-14. While industry revenue is estimated to increase at an annualised 4.3% over this period to $2.1 billion in 2013-14, there have been large year-to-year fluctuations. There is ample production capacity worldwide to supply the end users of mineral sands, such as manufacturers of refractory bricks, pigment and paper. As a result, price is highly sensitive to movements in demand, with a major surge in 2011-12... purchase to read more