titanium dioxide the whitest of white pigments, page-12

nb1

To correct my previous post, I imagine APG will be looking for $85m in funding to cover the 60k tpa capital costs (not $35m => thats the plant's predicted EBITDA).

The benefit for BHP is to get the technology proven at commercial level, so they can de-risk its application in Africa (say a 240k tpa plant)

Also from the 2007 MD presentation:

"If BHP Billiton participates, BHPB & APG will jointly seek opportunities to apply ERMS SR process elsewhere in the world"

I don't know what it means - does anybody remember if it was covered at the shareholder meeting?

FG