Base Resources: 334,000 tons of titanium production by 2020
May 29, 2024, 11:58 AM
TDD-global
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Highlights at a glance
Base Resources' recent annual report reveals a minor decline in heavy mineral ore mining for 2020, with a drop of 40,000 tonnes compared to 2019. Ilmenite, rutile, and zircon production figures for 2020 were reported, along with cautious production guidance for 2021, indicating a continued decrease in output.
According to Base Resources' recent annual report announcement, the company's heavy mineral ore mining for 2020 is slightly lower by 40,000 tonnes compared to the full year 2019, and the heavy mineral ore taste is 0,2% percentage points higher than in 2019, implying that the company's mineral production and sales volume in 2020 are slightly lower than last year.
Full year 2020 ilmenite production is 334,000 tonnes, rutile production is 76,000 tonnes and zircon production is 31,000 tonnes. 2021 will also guide lower production products than in 2020.
Base's 21-year production guidance remains: rutile - 70,000 to 80,000 tons, ilmenite - 270,000 to 300,000 tons, and zircon - 23,000 to 27,000 tons.
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