Found something online that suggested RIchard bay mine produces 18% of global zircon and 11% titanium . This is a big supply drop . My guess is ILU will seek at least a 150 UsD zircon pride increase. Add that to the fact that AUD has fallen and the next twelve months will be fantastic creating cash pile of over 100m before the move to Atlas !!
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RBM closure impact on Zircon and TI prices
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Open | High | Low | Value | Volume |
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1 | 15121 | 0.066 |
2 | 30384 | 0.065 |
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Price($) | Vol. | No. |
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0.070 | 138589 | 1 |
0.072 | 483786 | 1 |
0.075 | 89999 | 2 |
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