NOM - Rutile price forecast


Iluka2018 Annual report (Result presentation Page 27-28)
https://www.iluka.com/investors-media/results-and-presentations/2018-annual-reporting-suite

* H1 2019 pricing for contract volumes negotiated, resulting in increase of 8-11% for R/SR
* Contract prices for rutile exceed US$1.100/t to pigment manufacturers and up to US$1300/t to small lot customers, a year-on-year increase of 23%

* Demand for grade feedstocks remains elevated and supply tightness continues

(Picture) Global Rutile Supply Outlook, will drop almost 200kt TiO2 2019-2022 !!

DrHayek
21.02.2019 kl 08:36 6670

Gode prisutviklinger.
For driftende mineselskaper er det ikke uvanligt med x2-4 effekt på verdisetning når det underliggende commodity beveger seg i pris avhengig av profil og leverage. Dvs +1% i prisen på kobber kan gi +3% i verdisetning på verdiene for et kobberselskap.

Lad oss håpe Nom kan ta en forsterket posisjon med inn i forhandlingene med offtake partnerne og demonstrere noe verdiskapelse.

Spennende å se om vi dundrer ned til krona. Totalt 0 interesse for selskapet og nakentur på meg i slutten av Desember. Regnskapet til Pling kan trøkkes ned i dass.

Å være aksjonær I dette selskapet er nitrist. Ledelsen klarer ikke å skape noe blest om disse verdiene. Kun snakk ned kursen gang på gang.

Vurderer faktisk å selge meg ut på neste gomelding da vi jo alltid skal ned igjen i dette søpleselskapet
Boss 99
21.02.2019 kl 09:50 6519

Er alle investorer i mot dette selskapet . Er de naturvernere alle sammen. Ser slik ut . Det er bare å ståan av.
21.02.2019 kl 09:53 6499

Amatører hele gjengen ;-) Kun litt risting nå før vi skal opp en tur igjen.
Boss 99
21.02.2019 kl 09:54 6489

vestavind skrev det slår aldri feil
Du har vel så mye at du ikke kommer deg ut Fryktløs?
Boss 99
21.02.2019 kl 10:00 6474

Ja du er sterk i trua du STR8UP . En dag prater du den ned . Neste dag kommer du smørr blid og vil nordover igjen.
21.02.2019 kl 10:02 6454

Prater ned? Mine skriverier har da ingen påvirkning på kursen.
Boss 99
21.02.2019 kl 10:12 6422

Kan jo virke slik da .;-)

Kan komme meg ut med et kjempetap Vestavind. Men begynner å bli rimelig lei nå. Men hvis ledelsen i Nom også denne gang lar aksjen falle og falle før en evt emisjon settes så er det kanskje på tide å prøve å få andre til å styre denne skuta .
Boss 99
21.02.2019 kl 10:48 6338

+ en gruset kurs. Ikke gjør det Fryktløs.

er det noen som får betalt for å gruse kursen?
Kenevil
21.02.2019 kl 12:44 6134

Vil bety ytterligere prisøkning for rutile.
boreren
21.02.2019 kl 14:48 5996

Her er en meget oppegående SVer som skrev et leserinnlegg i BT i dag.

Sindre Westgård

Problemet er at man angriper industrien fremfor å jobbe konstruktivt med å levere miljøvennlige løsninger. Nordic Mining og Nussir er avhengige av å komme i gang med driften for å ha inntektene til å investere i å utvikle de miljøvennlige løsningene. Som SVstemmer er det merkelig for meg å skrive støttekommentar til et Høyreinnlegg, men i sivil ulydighetsrekrutteringen som foregår brukes det alt for mye spissretorikk og sviktende "fakta" spesielt fra miljøbevegelsen som miljøpartiet mitt, SV, støtter seg på. Den svakt funderte protestargumentasjonen presenteres som sannhet og drar med seg mange som stoler på organisasjonene i en reaksjon som jeg godt skjønner at Isaksen m.fl. reagerer på.

https://www.bt.no/btmeninger/debatt/i/ka5JLQ/nok-tys-fra-venstresiden
Redigert 21.02.2019 kl 15:29 Du må logge inn for å svare
Boss 99
21.02.2019 kl 15:13 5964

Nå stende ikkje jula til påske. Er det sant , kanskje han Sindre har havnet i feil parti. Men det er altså håp for alle.
Btw vi er i plusse igjen det handles over en lav sko. Mye til å vere NOM
Redigert 21.02.2019 kl 15:17 Du må logge inn for å svare

Så da er det 2 fra SV som har litt fornuft. Enoksen og Westgård. Positivt
Skazy
21.02.2019 kl 19:10 5812

When in trouble...
Double!
Fryktløs kommer sterkt og nådeløst med i neste emisjon i nom.
Han trenger bare å få i seg litt karbohydrater, så skal dere se han nok en gang åpner sin velfylte lommebok.
En stolt kriger som Fryktløs gir seg ikke nå, like før eventyret begynner.
jonic
16.04.2019 kl 14:35 5407

I quess rutile price just continues to go up with these news:
https://www.indmin.com/Rutile.html

Iluka mineral sand production falls on kiln outage
Monday, 15 April 2019

Rapid mining outweighs falling ore grade at Kenmare's Moma mine
Friday, 12 April 2019

Mineral sand output at Base Resources will fall sharply in 2020
Wednesday, 10 April 2019

Rio Tinto is expanding the mining capacity at its Richards Bay Minerals subsidiary in South Africa, to maintain the life of the mine in response to falling ore quality.
Published: Tuesday, 09 April 2019

Base Resources maintains mineral sand production despite falling ore quality
25 February 2019
DrHayek
16.04.2019 kl 14:45 5395

In particular I liked this one:
"The mineral sand producer reported lower synthetic rutile output in the first three months of 2019, while the continued strong demand forecast for high-grade feedstock means the company cannot meet current demand."
jonic
19.04.2019 kl 07:32 5199



Broken Hill Prospect (@BH_Prospecting) tweeted at 4:10 AM on Fri, Apr 19, 2019:
Bullish #titanium dioxide market outlook from Iluka. Feedstock to be in "very tight" supply, shareholders told at AGM, helped over medium to long term by increased chloride pigment capacity $BPL $ILU #mining https://t.co/26yRPIVhSm
(https://twitter.com/BH_Prospecting/status/1119045462303096835?s=03)
jonic
19.04.2019 kl 09:12 5126

Rutile price will be in soon over 1500us$/tonne. Just like NOM did predict (page 15)
https://d2zbxcnktjvvs5.cloudfront.net/1539764379/nom-investor-presentation-oct-2018-siste-versjon.pdf
John9
19.04.2019 kl 15:39 4987

But in the updateted Company Presentation they only used slightly above 1000? I need to do my calculations again..
Råvarer
19.04.2019 kl 17:41 4932

Typisk NM å være konservativ på alt de gjør, ingen hausing. Blir mindre volatilt uten tradere som kjører kursen opp og ned da. Seriøse investorer klarer godt å regne IRR selv.
Nå får vi snart håpe finansieringen er på plass for Keliber, så vi får begynt oppgangen, det er da de større aktørene begynner å kjøper seg in. Flere tunge triggere som skal på plass fra nå av og frem til nyttår. Til neste år skal vi ha to prosjekter som er ferdig finansiert. Skal bli interessant å se hva det gjør med kursen de neste 4 åra med 2 prosjekter og en kontinuerlig oppgang som junior mining selskaper da har til et par år etter oppstart.
palec
21.04.2019 kl 10:08 4697

Ser ikke bort fra at NOM etterhvert MÅ eller VELGER å selge seg helt (evt.delvis) ut av Keliber for å oppnå en best mulig finansiering av Engebø, og for å kunne beholde en størst mulig andel der.
Alt tatt i betraktning kan det vise seg å være/bli en realitetsbasert, fornuftig avgjørelse for selskapet og aksjonærene.
Selskapet har uttalt at Engebø = pri 1
jonic
30.04.2019 kl 11:50 4178

Mineral sand miner Base Resources has reported lower ore grades and reduced production for all its mineral sand products in the January-March quarter of 2019

29/04/2019 -- Base Resources March 2019 Quarterly Update:

MARKETING
Constraints on the global supply of sulphate ilmenite and high-grade chloride feedstocks (including rutile) have continued into the
quarter. In particular, supply of ilmenite from two of the major ilmenite producing countries, India and Vietnam, has declined sharply.
In India, a recent blanket ban on private mining of mineral sands by the national government has added to existing bans on mining and
exports by state governments in the major producing states of Tamil Nadu and Andrah Pradesh. In Vietnam, export quotas for ilmenite
need to be renewed for some producers and the relatively high cost of production, together with the uncertainty of obtaining future
export quotas, is restricting mining activity.
Chinese pigment experienced a strong increase in demand following Chinese New Year and pigment producers were able to secure
price increases for their pigment through the quarter. The improved conditions have resulted in increased pigment production activity
which has maintained a high demand for ilmenite. These conditions have continued into the start of the seasonally strong June quarter.
The emerging ilmenite deficit being created by strong demand and supply restrictions has resulted in a strengthening ilmenite price
through the end of the quarter and into the June quarter. Demand for Base Resources ilmenite from existing customers exceeded the
Company’s ability to supply and there has been a significant increase in enquiries from new customers globally.
Some western pigment producers have reported that the pigment de-stocking from their customers, which took place through the
latter part of calendar 2018, continued into the early part of calendar 2019, but the rate of such de-stocking has slowed. The consensus
is that this de-stocking will be completed during the June quarter with pigment demand expected to bounce back by the middle of
calendar 2019. Chloride ilmenite pigment production remains strong and the constraints on high grade feedstock supply has continued
to support price improvement for rutile. Rutile prices continued to strengthen in the quarter and further improvement is expected in
coming quarters.
jonic
30.04.2019 kl 21:44 4045

https://www.indmin.com/Article/3871602/Mineral-Commodities-slashes-ilmenite-production-forecast.html

Ilmenite production at Tormin in South Africa could halve in 2019, due to lower ore grades and reduced operating hours, Mineral Commodities says.
Australia-based mining company Mineral Commodities has slashed its expectations for ilmenite production in 2019, due to a planned reduction in operating hours and falling ore quality.

On Monday April 29, the company lowered its ilmenite production guidance for 2019 to just 50,000-70,000 tonnes, compared with a previous forecast in December...

https://www.mineralcommodities.com/wp-content/uploads/2019/04/2018-Annual-Report.pdf

TORMIN – SALES AND MARKETING
Sales revenue for the year was $53.5 million (2017: $60.9 million), with the decrease in revenue over the prior year
due to lower concentrate shipments, partially offset by higher zircon, rutile and ilmenite concentrate prices achieved.
Zircon/rutile concentrate shipments for the year were 17,968 tonnes (2017: 23,152 tonnes), with available sales
volumes impacted by lower mined grades. Irrespective of the tonnes sold, revenue generated in 2018 from zircon/
rutile concentrate sales was materially higher than prior year, with the Company able to achieve a year-on-year
average price increase of circa 45% for its contained zircon in concentrate and circa 65% for its contained rutile in
concentrate.
jonic
30.04.2019 kl 22:04 4023

Resources and grades in Tormin operation goes down quite fast:

TORMIN – RESOURCE
The annual Tormin Mineral Resource review was completed in February 2019, with results as follows:
Category Resource Million Tonnes
Total Heavy Mineral (1) (% in Resource) Ilmenite (% in Resource) Zircon (% in Resource) Rutile (% in Resource) Garnet (% in Resource)
Indicated Resource – Dec 2013 2.70 49.40% 10.60% 3.40% 0.70% 25.30%
Tonnes Mined – FY2014 1.07 53.83% 17.26% 4.76% 0.65% 31.16%
Inferred Resource – Dec 2014 2.70 38.14% 10.05% 2.21% 0.46% 25.22%
Tonnes Mined – FY2015 1.62 49.57% 16.15% 3.88% 0.60% 28.94%
Inferred Resource – Dec 2015 2.70 28.01% 6.97% 1.56% 0.55% 18.54%
Tonnes Mined – FY2016 1.81 45.97% 12.97% 2.78% 0.61% 29.21%
Inferred Resource – Dec 2016 1.80 28.08% 6.15% 1.65% 0.53% 18.99%
Tonnes Mined – FY2017 2.05 27.57% 5.81% 1.10% 0.50% 19.40%
Inferred Resource – Dec 2017 1.80 15.92% 2.72% 0.79% 0.43% 11.45%
Tonnes Mined – FY2018 2.65 17.35% 3.14% 0.55% 0.38% 12.55%
Inferred Resource – Dec 2018 (3) 2.27 (2) 14.16% 2.30% 0.43% 0.19% 7.90%
jonic
20.05.2019 kl 20:57 3583

Rutile price in Australia rises to highest for two years
By IM STAFF
Published: Monday, 20 May 2019
Further constraints in the supply of rutile are pushing the price of the material in Australia to new long-term highs.

The price of rutile in Australia was at its highest level for more than two years due to reduced production, while higher prices were expected soon with the market preparing for a new round of longer term deals in July, industry sources told Fastmarkets on Monday May 20.

https://www.indmin.com/Article/3874767/Rutile/Rutile-price-in-Australia-rises-to-highest-for-two-years.html
jonic
25.07.2019 kl 13:34 2773

Base Resources: Quarterly Activities Report - June 2019
https://www.baseresources.com.au/wp-content/files/190725_BSE_ASX_June_quarterly_update.pdf

• Continued strengthening of rutile and ilmenite prices while zircon prices stabilised.

...Chloride pigment production remains strong and the constraints on high grade feedstock supply has continued to support price improvement for rutile. Prices for Base Resources rutile strengthened again in the quarter with further improvements being contracted for the coming quarter.
jonic
04.08.2019 kl 15:52 2416

Iluka - Quarterly Review to 30 June 2019
https://iluka.com/investors-media/results-and-presentations
...
Titanium Dioxide Feedstock Markets:
Market conditions in the high grade titanium market continued to be strong in the second quarter. High grade titanium dioxide feedstock (rutile and synthetic rutile) sales for H1 2019 were 169 thousand tonnes. Iluka was fully sold in the first half, with sales constrained by production volumes.
The pigment industry has shown further signs of strengthening in the second quarter with inventories moving back to seasonal norms and higher capacity utilisation rates. In China, demand for imported high grade ore (HGO) feedstocks is increasing as new domestic chloride production comes on line and ramps up. Welding and sponge markets continue to perform well with demand for HGO feedstocks holding firm.

The average price of rutile, excluding HyTi, in H1 2019 was US$1,107 per tonne. Iluka expects rutile and synthetic rutile prices to increase by 6-8% in the second half.

Iluka has had numerous inquiries for additional volumes of rutile and synthetic rutile for the second half of 2019 and customers are seeking to pull forward scheduled shipments. These are indications of tight supply, especially in the high grade markets, coupled with solid demand from the pigment and welding markets.

...
jonic
28.08.2019 kl 09:19 2023

https://www.baseresources.com.au/wp-content/files/190826_BSE_ASX_FY19_Investor_Presentation.pdf
Page 9.
Strengthening rutile and ilmenite prices:
• Average realised rutile price per tonne 22% higher than FY18
• Average realised ilmenite price per tonne 5% lower than FY18 but improved as the year progressed
• Rutile sales revenue 29% higher than FY18
• Ilmenite sale revenue 24% lower than FY18

Market dynamics
• China pigment producers operating at optimal capacity with limited environmental shutdowns and high demand for ilmenite
• Demand from Base Resources’ customers exceeds capacity to supply
• Ongoing supply constraints and demand continue to support rutile and ilmenite pricing gains

Har vært djevelsk mye skrik og skrål fra gruvemotstanderne i senere år. Støy kan være irriterende, men lønnsomt for de som holder den ut. Bør roe seg ned nå, som de siste konsesjoner og løyver kommer på plass. Gjelder bare å ikke la seg vanne ut, så bør dette bli bra.
Boss 99
28.08.2019 kl 13:11 1856

Å nei de holder nok koken. Det er det kjekkeste de gutt og jente ungene vet.
jonic
12.10.2019 kl 15:32 1103

Sierra Leone mine dispute raises fears of resource nationalism
https://www.ft.com/content/096da1e6-deb4-11e9-9743-db5a370481bc

... Time will tell whether the world’s need for strategic minerals such as copper, cobalt and gold is enough to convince mining companies to operate in Africa at a much higher cost,” said Mr Lassourd.

Sierra Leone has world's largest natural rutile deposit. Things are getting serious for mining companies at Africa. First alert for also Iluka.


Redigert 12.10.2019 kl 15:33 Du må logge inn for å svare
jonic
07.11.2019 kl 08:36 395

https://www.indmin.com/Article/3902928/TiO2Zircon-LatestNews/Chemours-titanium-destocking-sets-stage-for-price-rises-execs-say.html

Chemours' titanium destocking sets stage for price rises, execs say
By WILLIAM CLARKE
Published: Wednesday, 06 November 2019

Titanium dioxide producer Chemours hopes that a year-long supply restriction may bear fruit in price rises if demand picks up in 2020.
A drop in sales volumes at Chemours' titanium segment in the three months to September 30 has resulted in a fall in net sales revenue, the company said on November 4.

Chemours’ titanium segment reported net sales of $614 million in July-September, compared with $791 million in the prior-year quarter....