MZI Resources Ltd: Presentation to Proactive Spotlight CEO Investor Sessions
Perth - MZI Resources Ltd. (ASX:MZI) is pleased to provide the Company's latest presentation delived at the CEO Investor Series titled "Delivering high value mineral sands products into an improving market."Market Outlook
- Market for premium mineral sands products remains relatively stable compared with other commodities
- Modest mid term price growth forecast
- Broad demand for products used in everyday life
Zircon
- The zircon price is stable with premium grades currently selling for ~US$950 pmt
- Producers have reduced supply in response to soft market conditions
- Global consumption is currently assumed to be ~1.0 million tonnes per year, with demand growing in step with global GDP
Titanium Dioxide
- Demand for TiO2 feedstock has started improving
- Tangible signs of price increaseses for premium feedstocks since June 2016
- New titanium metal powders production technology are a potential longer erm game changer for TiO2 demand
Reasons to invest in MZI
- World's biggest primary producer of leucoxene
- Globally competitive mineral sands producer
- Positive price/demand outlook for Keysborrok products
- Focused on higher-value end of mineral sands market: Zircon, Leucoxene88, Leucoxene70
- Five year offtake contracts with blue chip customers (Chemours and Tricoastal/Wensheng)
- Long life asset with significant growth/expansion potential
- Low risk: Australian location, in production, soft environment footprint
To view the presentation, please visit:
http://abnnewswire.net/lnk/5234IGWP
About MZI Resources Ltd:
MZI Resources Ltd. (ASX:MZI) is a mineral sands producer focused on the high value minerals of zircon and leucoxene, and owns the newly commissioned Keysbrook Mineral Sands Mine, 70 km south of Perth in Western Australia.
Development of Keysbrook was completed ahead of schedule and within budget in October 2015, and completed its first shipment of zircon concentrate in December 2015. Keysbrook is designed to produce approximately 96,000 tonnes of zircon concentrate and leucoxene annually, with over 85% of all planned production committed under offtake contracts with blue chip international customers.
Contact:
MZI Resources Ltd.
Trevor Matthews Managing Director
T: +61-8-9328-9800
E: admin@mzi.com.au
www.mzi.com.au