Skulle tro de va dynka i sirup.

BTW hørte rykter om at det skulle komme no i ettermiddag...

Har aldri vore borte i ein meir manipulert aksje, det tar visst ikkje slutt.

Kan se ut som en vil at alle skal selge. Men det går jo ikke. Hehe. Kommer snart...

Er nok bare til å kjøpe her før denne tar av..

Kr.6 kan komme meget raskt fremover nå.

Rio Tinto stenger ned Richards Bay Minerals project

https://www.mining.com/web/rio-tinto-declares-force-majeure-at-richards-bay/

Rio Tinto said on Wednesday it had declared a force majeure on customer contracts at its Richards Bay Minerals project in South Africa, citing “an escalation in the security situation at the operations.”
The global miner said all mining and smelting operations at the mineral sands project have been halted.

RBM currently has the capacity to produce approximately 2 Mt of product
annually, including approximately 100 000 t/year of rutile and 250 000 t/year
of zircon. Of this, 95 per cent is exported, yielding a world market share of
about 25 per cent of titanium feedstocks (titania slag and rutile), 33 per cent of
the worlds zircon output and 25 per cent of the worlds high purity pig iron.1
https://www.saimm.co.za/Conferences/Pyro2006/181_RBM.pdf

It's huge news. 25% out of world titanium feedstocks !!

synd å forstyrre selgerne med så gode nyheter

NICK EVANS
RESOURCE WRITER
6:08PM JUNE 20, 2021

As the latest commodities price boom gathers pace, things are looking up for Iluka Resources, with the company said to be eyeing solid price lifts for its next round of zircon contracts and edging closer to an exit strategy for its disastrous foray into Sierra Leone.

Trade press reports suggest Iluka could be about to add about $US125 a tonne to its next round of zircon pricing as markets tighten and its mineral sands competitors – most notably Rio Tinto’s Richard’s Bay operations in South Africa, where community unrest again appears to be approaching crisis point – struggle for form.

That would be a handy boost to Iluka’s bottom line – as would an exit from its long-troubled Sierra Rutile operations, which have been both bleeding cash and soaking up more of management’s time than they’re ever likely to be worth.

READ NEXT
In May Iluka put Sierra Leone’s government on notice it could mothball the operations by mid-November, and the tricky nature of government relations in Africa means the company isn’t really in a position to formally shop the assets around in that six-month window.

But Iluka did say it would spend the period trying to work out a way to make the operations profitable and “attract new investors for the continuation of mining operations in the existing mining area”, as well as for the ongoing process of trying to find a partner for the long-stalled nearby Sembehun project.

And market chatter suggests Iluka may have a suite of suitors eyeing a possible move on Sierra Rutile as mineral sands markets pick up, despite the problems the WA-headquartered mining major has had with them.

China’s Lomon Billions is tipped to be chief among them, as the Shenzhen-listed major eyes a secondary float on the Hong Kong market.

Lomon is said to have a multibillion-dollar war chest available to buy up primary production in ilmenite and rutile as it hunts for new assets.

It’s said to have identified options in Australia, Africa and India for project acquisitions – and you’d imagine the parlous relations between Canberra and Beijing have pushed the first of those three firmly down the pecking order, making Rio’s Richards Bay or Iluka’s Sierra Rutile more of a tempting target for a discount offer.

That’s particularly so given China’s majors aren’t necessarily subject to the same governance concerns and scrutiny applied by major Western investors when it comes to how they do business in developing nations.

But Lomon is hardly alone in eyeing near-term opportunities in mineral sands.

European major Kronos Worldwide already has an offtake agreement with Iluka at Sierra Rutile and may not be averse to dipping into a bit of vertical integration.

And Tronox is also said to be hungry for new options as markets strengthen.

US$1,800 per tonne!

Sovereign metals latest presentation, Page 8:
The Perfect Storm: Supply tightness driving price upwards – very strong short, medium and long-term outlook

http://sovereignmetals.com.au/company-presentations/

https://twitter.com/RodneyHooper13/status/1417430816670601225?s=19

Usikker på hvor mye spotprisene på rutil vil prege NOM når de allerede har etablert offtakeavtaler de neste 5 årene.

Jeg tviler på at alt selges til fastpris for hele avtaleperioden; enten er deler av prisen flytende eller så markedsjusteres den årlig (eksempelvis).

Rutilen er ikkje solgt for dei neste 5-10 åra. Den er solgt for 5 år. Litt presisjon skader ikkje.

Du har rett.
Jeg trodde avtalen med handelshuset var for ti år. Sjekket på nytt og ser at jeg husket feil eller blandet med noe annet.

BASE RESOURCES LIMITED: Quarterly Activities Report – June 2021
https://www.bloomberg.com/press-releases/2021-07-29/base-resources-limited-quarterly-activities-report-june-2021

... Demand for high grade feedstocks (which includes rutile) has increased
significantly through the quarter as western pigment production returned to
maximum capacity and welding consumable and titanium metal production picked
up strongly. The tightening market for high grade feedstocks is being
exacerbated by supply constraints at major high grade feedstock producers and
rutile prices continued to increase through the quarter and are expected to
continue an upward trend through the coming quarters. ...

Stilig.
Så både Iluka, Sovereign Metals og nå Base Resources ltd rapporterer om signifikant økning i rutil-etterspørsel for pigmentproduksjon, titanfremstilling og sveisestaver.

Jeg er spent på hvilken pris NOM får for rutilen sin i offtakeavtalene. De har budsjettert med 1179 usd/tonn. men nå er prisen nærmere 1800 usd/tonn.

Flere saker om den "bryggende stormen" som kommer til å drive opp prisen på rutil/titandioksid.
Aktører bruker opp lagrene sine for å utnytte de gode marginene for tiden. Desto lavere global lagerbeholdning, desto lavere tilbud og høyere priser.

https://www.icis.com/explore/commodities/chemicals/titanium-dioxide/
Titanium dioxide prices, markets & analysis

Updated to Q2 2021

Asia:
Supply was generally seen as tight with continued low inventory levels, healthy number of orders and Chinese producers running at high rates to take advantage of healthy margins. Supply from the west was also tight and that resulted in Asian buyers turning to Chinese cargoes.

Demand was stable in Asia at the start of Q2 but took a big hit in India after coronavirus lockdowns were implemented in various states. Indian buyers were out of the spot market for the whole of May and others started to have some interest from mid-June. Elsewhere, demand in parts of southeast Asia also suffered after coronavirus cases spiked, which led to movement controls.


Europe:
TiO2 supply remained tight, with volumes allocated, amid continued strong downstream demand. Greater domestic over import sourcing due to lack of Asian competitiveness added further pressure on supply. Local output impacts, including Venator’s partial unplanned shutdown at its Greatham site also kept the supply situation tense.

TiO2 demand was seasonally strong into the DIY and construction sectors. Supply security concerns, bullish sentiment and lack of Chinese import incentives further boosted buying activity in Europe.

Chemours will increase price again 200 dollars from September. Market has warmed up.

Titanium market weekly Review: Titanium dioxide

" The titanium dioxide market rose this week. Some of enterprises sent a letter to increase the price of titanium dioxide by 800-1500 yuan / ton. Chemours sent a letter to increase the price of titanium dioxide by 200 dollars / ton from September 1; Up to now, the tax inclusive ex factory price of rutile titanium dioxide in China is 17800-21500 yuan / ton, and the tax inclusive ex factory price of anatase titanium dioxide is 16500-19000 yuan / ton; In the off-season of the market, the supply of titanium dioxide is relatively stable, the overall transaction is weak, and enterprises mostly purchase on demand; Affected by environmental protection and power restriction policies, some manufacturers also have maintenance plans, and some manufacturers resume construction. At present, the supply of some models is tight; With the continuous rise of the prices of raw and auxiliary materials sulfuric acid, liquid alkali and natural gas, the cost of titanium dioxide is high, some low prices are close to the cost line, and the low price also stops falling slightly. With the rise of enterprises, the increase of market inquiries, the cost of raw materials continues to rise, and the low price of titanium dioxide will rise; The market is mostly waiting for the price news of dragon enterprises. With the arrival of golden nine and silver ten, the titanium dioxide market has warmed up."

https://en.ruidow.com/newsdetail/16284797219617

Det er 15 millioner tonn rent rutil påvist i fjellet hittil. om en regner dette i NOK blir vel prisdifferansen ca 90 milliarder NOK på budsjettert og nåværende pris på ca 1800.
Totalsummen ved 1800 usd- 240 milliarder ? korriger meg om det er feil tenkemåte. så kommer granaten i tillegg...
https://nordicmining.storynews.no/

Årlig uttak av rutil er 35 000 tonn.
Hvis de skal ta ut 15 millioner tonn vil det ta over 400 år.

Bra med litt i reserve :-)

Selv med «bare» 35000 tonn årlig salg av rutil vil gevinsten være 185 millioner kr i årlig omsetning gitt at offtakeavtalen følger prisutviklingen.

Det er også slik at NOM har skaleringsmuligheter i produksjonen sin. Forhåpentligvis vil de også øke produksjonskapasiteten på sikt, noe som var poenget med UDFS.
Det er uansett gitt at man har kjøpere til rutilen, og ikke produserer så mye at prisen faller.

Har du brukt 0,55 i utvinningsgrad på rutilen?

Regnestykket ditt er litt mangelfullt.

Hvis man regner det ut slik du skisserer (og ser bort fra produksjonskapasiteten og etterspørsel):

15 millioner tonn rutil x (1800-1179)usd/tonn x 8,5 nok/usd = 79 mrd nok prisdifferanse.

Totalverdi på forekomsten: 15 mill tonn x 1800 usd/tonn x 8,5 nok/usd = 229,5 mrd nok

Da er det avklart, takk skal du ha Fantilopen.

Kan også legge til at recovery graden/utvinningsgrad for rutil er ca 57% i følge UDFS, side 9.
15 millioner tonn blir derfor maksimalt til 8,55 millioner tonn med mindre de klarer å forbedre utvinningsgraden i gruven og prosessanlegget. (Dette er jo godt mulig hvis de på et senere tidspunkt utvider anlegget og bruker erfaringen de har fått)

Kan også legge til at forventet rutil-etterspørsel fremover mot 2029 ligger på 600 000 tonn per år. Les mer her:
https://d2zbxcnktjvvs5.cloudfront.net/1620730209/updated-definitive-feasibility-study-executive-summary.pdf
(kapittel 1.9 side 44)

Er det lov å håpe at Amr trekker saken i siste liten?

Jeg ønsker meg heller ydmykelsen av at saken blir avvist straks dommeren innser dumskapen deres.

Det utfallet trur eg markedet også hadde reagert bra på:)

..again good news for NOM.

The global supply of tio2 is getting worse:
https://tio2.info/2021/08/10/The-global-supply-of-tio2-is-getting-worse/

Followings are the real things causing a headque to some users.

-South African power plant explodes only a week after launch
-Tronox mulls chlorine projects, expects logistics issues to last through H2
-Trade hit as cost of freight from China surges 200%

Overall, the main aspects making things worse. The raw material supply:
The power
The acid,
The slag
The chlorine.
The shipment. The shortage of containers and the prejudice against heavy goods from shipping company also makes the chemical suppliers even harder to get their material loaded on board. Which is extending the supplying period, and strength the tight supply situation."

Det tror ikke jeg at de gutta trekker seg saken. Det tror på saken sin dem. Handler i go tro.

It’s not brewing for a perfect storm anymore.
It’s a tornado

Spotpris på rutil over 2000 USD/Ton

Australian RutileTiO2>95%, P<0.03%, S<0.03Australia 2004.87 (1927.76 - 2081.98) +77USD/Ton Inc Tax Tianjin PortAug 11, 2021

https://en.ruidow.com/price?industry_id=Ti

70% økning fra UDFS.

Av og til er det godt å ha en konservativ og forsiktig CEO.

This is so common that is not even news anymore. Titanium prices just goes to new high. Every week.

https://en.ruidow.com/newsdetail/16303757076878

Titanium dioxide:

" The titanium dioxide market continued to improve this week. The price of rutile titanium dioxide by sulfuric acid method is 19000-21000 yuan / ton. At present, titanium dioxide enterprises have no inventory pressure, while the price of titanium ore continues to rise, and the price of sulfuric acid has also reached a new high in recent years, which makes the cost of titanium dioxide inevitably rise. With the arrival of the market peak season in September, the domestic market demand will gradually improve, and the export market will gradually improve. Titanium dioxide market may continue to rise in the future."

One yuan is about 0,15 dollars, this gives a rutile price about 2,900 to 3,250 dollar/ton

Blir vel berre betre og betre økonomi i dette, når dei ein gang kan komme igang. Kva for rutilpris har Nom i sin reviderte DFS.?

Kan vel ikkje vere noko problem å få lånt pengar til prosjektet då?