Rutile and ilmenite in Australia
In October 1997, Iluka Resources (formerly Westralian Sands) announced a A investment in a pilot pig iron plant which at stage 2 (commissioning in year 2000), would generate 100 000 tpa of pig iron worth US150 per tonne (with sales of A17 million and an EBIT of A million). The process involves compressing iron oxide into briquettes for smelting into pig iron. As the iron oxide is ...