Hi all,
I'm currently looking into this stock as it looks very cheap however I know little about the product. Does anyone have information on the demand side for mineral sands products - i.e. what industries have a demand/use for mineral sands and percentage of sales that are likely to come from customers in each industry?
The below website lists various applications:
Zircon association - Zircon applications
It jumps out at me that many of these are related to the construction industry (Ceramic tiles, Glass, Paint, etc.) and that the primary demand comes from China. My question would be - how much is demand for mineral sands driven by downstream demand from the Chinese Real-estate & Construction market? Does anyone have insight into this?
Thanks
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