The Fin Review had an article regarding Beijing's stimulus...

The Fin Review had an article regarding Beijing's stimulus measures outlining that Australia's iron ore exports will remain safe for now.
"In May, Beijing's stimulus measures, announced in its annual "work report", included 3.75 trillion yuan ($800 billion) in special government bonds that would help fund infrastructure spending"
Given the stimulus we will see across China, there will be continued demand for Zircon and Titanium oxide, particularly with increased infrastructure. The demand will be there during construction (paint products) and post construction (fit out - porcelain/ceramics).
There will be a re-rate in the near future, hopefully with some clarity around an early debt repayment and dividend policy.
Project MORE is still in progress, so no doubt this will add value as more resource gets proven up.