Under the binding term sheet, market expansion services provider DKSH will buy all of Mt Peake's life-of-mine titanium dioxide products, on freight on board basis.
TNG will use its proprietary Tivan hydrometallurgical process, which is based on the conventional titanium dioxide sulphate route, to make the titanium dioxide pigment products
Tivan's titanium feedstock has a low iron content, which could potentially minimise the environmental impacts, compared to a standard sulphate titanium pigment production process.
DKSH plans to then sell the products across the globe, but not to any countries or companies on the Iberian Peninsula or any European Nordic countries.
TNG already has off-take deals in place with Korean group Woojin for vanadium, and with Zurich-base...
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