The Ilmenite market in the initial stages of July xxxx reflects a patchwork of stability and fluctuation driven by regional economic conditions and industry demands. Mozambique and Malaysia are seeing steady or positive developments in production and demand, while China faces challenges due to economic slowdowns and regulatory impacts. In Mozambique, Ilmenite prices have remained stable at USD xxx per metric ton (MT) for IP-x Grade, (FOB) Moma, during the first half of July. This stability follows consistent pricing from the previous month.
Kenmare Resources, the operator of the Moma Titanium Minerals Mine in northern Mozambique, has reported a noteworthy increase in production figures. Heavy Mineral Concentrate (HMC) production reached xxx,xxx tonnes in the second quarter of xxxx, marking a xx increase compared to the same period last year. Ilmenite production saw an xx rise, reaching xxx,xxx tonnes. Kenmare Resources highlights robust global demand for its products,...
