@Therookie88
"chuck in the titanium by product" - so simple!
You are kidding yourself if you think anyone reputable will offtake your TiO2. Chinese ilmenite current fetching over USD400/t and your co-product concept independently priced at USD140-180/t. A 55% discount to benchmark ilmenite. You really lapping that up?!
High Chromium and Vanadium content means it’s a feedstock filler at best, only useful for a very small number of Chinese operators. None of the European or US players would touch it with a 40 ft pole.
Quality ilmenite has 58-62% content and your is 46%. Grade is king hey Rookie Good luck getting a bankable offtake on that lads as the only user will be a two bit Chinese mill.
What a furphy trying to reduce your OPEX selling that junk. Anyway, even an OPEX of “3.xx” will be a marginal producer.