"There is no doubt about mineral sands being a hot spot in the spread of commodities plugged in to the industrialisation and urbanisation of the world's most populous nations.
After both doubling in price in 2011, rutile has now about tripled its 2011 average in the opening months of 2012 by moving to $US3300 a tonne, while zircon has galloped 31 per cent higher from its 2011 average to about $US2500 a tonne."
http://www.theaustralian.com.au/business/opinion/base-resources-upbeat-on-kenya-mineral-sands-project-but-investors-remain-wary/story-fnciil7d-1226317971499
cf. also:
Iluka on the hunt
Friday, 30 March 2012
Colin Jacoby
ILUKA Resources has its sights set on finding the next big mineral sands deposit as demand for mineral sands outstrips supply, according to managing director David Robb.
http://www.miningnews.net/storyview.asp?storyid=8680758§ionsource=r0
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