Mineral Sands

Mineral Sands

The Company, via its 50% owned South African subsidiary, Mineral Sands Resources (Pty) Ltd (“MSR”), is a leading producer of zircon, rutile, garnet and ilmenite concentrates from the high-grade Tormin Mineral Sands Operation on the west coast of South Africa. Tormin is one of the highest grade mineral sands mines in the world and supplies circa 25% of the world’s demand for garnet sands, as well as being an essential producer of high-value zircon/rutile concentrates and a top ten independent global supplier of titanium feedstock.

MRC also holds the prospecting rights for the world-class, large-scale Xolobeni Mineral Sands Project via its 56% South African subsidiary, Transworld Energy and Minerals (SA) (Pty) Ltd (“TEM”). Located on the east coast of South Africa, Xolobeni contains a Measured, Indicated and Inferred Resource of 346 million tonnes at 5% Total Heavy Minerals (“THM”), making it one of the largest undeveloped, high-grade mineral sands deposits in the world.