TVN 2.13% 4.6¢ tivan limited

Ann: TNG Mount Peake Project - Capital Expenditure Update, page-145

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    IMO until 2017 it wasn't shown as they weren't going to refine beyond the Ti produced by Tivan.
    Maybe that was all that had been planned with the Chinese?
    But after the Chinese left the agreement with SMS re technology and IP sharing was announced and it was a year or so after that that the improved pigment product was announced.
    Hence the pigment plant which as I understand it is the BOOT component and will be paid for out of opex.

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