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Image Resources premium grade zircon decreased 2.5% to US$1,580-1,590 per tonne in November

Nov.18 2019      Source:ruidow

Keywords:zircon

 Image Resources is pleased to advise that the Company has secured sales agreements from its off-take partners, for the sale of a nominal total of 65k tonnes heavy mineral concentrate (HMC) for the December quarter 2019 with no reduction in zircon pricing. The HMC is produced from Image’s 100%-owned, high-grade, zircon-rich Boonanarring mineral sands project located 80 km north of Perth in the infrastructure-rich North Perth Basin in Western Australia.


While the benchmark price for premium grade zircon decreased 2.5% to US$1,580-1,590 per tonne in November, Image’s sale price for standard grade zircon contained in the HMC remained unchanged for its scheduled November and December shipments. In addition, Image’s realized price for TiO2 contained in the HMC increased approximately 6% in August and this higher price has continued in the December quarter.

 

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