Iluka back to or exceeding 2011 level production, understand...

Iluka back to or exceeding 2011 level production, understand they are hauling arse, sorry Zircon

http://news.wooeb.com/1437385/a70079/zirconium-market-to-get-boost-from-nuclear-energy-sector

Zirconium market to get boost from nuclear energy sector

London 9/25/2013 05:17 PM GMT (WooEB)

The global market for Zirconium is forecast to reach 2.6 million metric tons by the year 2017. Spurt in the global nuclear energy sector will lead to high demand for Zirconium and simultaneous increase in production capacities worldwide. In addition, burgeoning demand from Asia-Pacific including China, and growing ceramic tile production activity across the world represent key growth factors.

The United States continues to be the largest producer and consumer of fused zirconia, while Japan is the second largest consumer. In recent years, global zirconium market faced several challenges that hampered the market growth to a noticeable extent. The global economic turmoil that flattened the worldwide industrial sector during 2008 and 2009 severely impacted zirconium market, especially during 2009. The crisis led to oversupply of the mineral, despite significant production cuts implemented by the producers. However, the market is expected to recover quickly and post a robust growth in ensuing years, on back of sharp rise in demand for the mineral in Asia-Pacific region, the largest consumer of zirconium in the world. In addition, exploration of new mine reserves is likely to encourage the increased consumption across the end-use sectors.