White Mountain Titanium to Supply Rutile Concentrate to Major Pigment Producer

President and CEO of White Mountain Titanium, Mike Kurtanjek commented that this off take agreement is important for the company’s growth. The company’s product is accepted in the market, which is at a time of robust rutile prices and feedstock supply shortages. The company is also discussing with producers of other titanium pigments and metals and welding rods for supplying all the three grades of rutile concentrates from the Cerro Blanco property.

The Cerro Blanco property includes five mining exploration concessions and 33 mining exploitation concessions. The main objectives of White Mountain Titanium are to upgrade the Cerro Blanco property and to achieve off-take contracts for the rutile concentrate. The company also continues to explore the feasibility of manufacturing a feldspar co-product, which could have potential applications in the ceramics and glass sectors.