You searched for resouro

Special Report: There’s a critical mineral that’s been flying well below the radar – even though it’s literally right under our noses and is in red hot demand from a broad spectrum of industries. The majority of titanium dioxide (TiO2) is used for white pigments in paint and plastics, including recycled plastics. That’s the main sector driving TiO2’s forecast Compound Annual Growth Rate of 6.3% per annum to 2030, reports Grand View Research. TiO2 is also used in a shopping list of products many of us use daily such as sunscreen, light-reflecting makeup, gym equipment and joint replacements. Adding to demand is the increasing use of titanium in cars and aerospace as it is stronger and lighter than steel. Ongoing advances in industrial-scale 3D printing of titanium components is further boosting the metal’s appeal in aerospace, biomedicine and chemical engineering. TiO2 is also essential to renewable energy technology, for example boosting the efficiency and durability of photovoltaic cells. Meanwhile a lot of exciting work is being done to commercially develop sodium titanate batteries due to their financial, environmental and safety benefits compared to more costly and highly flammable lithium-ion batteries. In other sectors, new applications for titanium nanoparticles and thin film titanium - already used in high-tech antifogging coatings, self-cleaning windows and waste water treatment tech - are being developed. And with titanium being complicated to recycle, new titanium projects are crucial to fulfill global supply needs. Resouro to the rescue One of the world’s largest undeveloped titanium projects is Resouro’s Tiros in Brazil’s powerhouse mining state of Minas Gerais. But it’s not just a top tier TiO2 opportunity. Tiros additionally has returned rare earth oxide grades comparable to the best clay style deposits in the world. Latest assay results from the 450sqkm project have demonstrated the consistency of world-class grades across large distances and outside where Resouro is doing highly encouraging resource definition drilling. Currently listed on the Toronto Stock Exchange, Resouro is set to be listed on the ASX this month, with leading broking house Taylor Collison expected to point to Meteoric Resources’ (ASX:MEI)’s rapid-fire growth into a mid-tier rare earths player, as well as Gina Rinehart-backed ASX darling Brazilian Rare Earths (ASX:BRE). As Resouro works towards a Preliminary Feasibility Study (PFS) for Tiros, more aircore drilling is underway to confirm the continuity of the mineralised zones, as well as provide a wide range of metallurgical samples for the tests already in progress. Setting the scene for a low capex and opex operation, the high-tonnage project’s soft, weathered ore is suitable for strip mining and does not need blasting or milling. In critical minerals projects metallurgy is pivotal and preliminary testwork has so far resulted in TiO2, or anatase, of an impressive 82% concentrate using proven, conventional concentration techniques. Importantly for the economics and ESG profile, independent accredited laboratory tests have demonstrated average thorium and uranium are at a very low 82ppm and 10ppm in situ respectively in Resouro assays. This article was developed in collaboration with Resouro, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Titanium and rare earths play Resouro set to fire away

Resouro steps out with more world-class results ahead of ASX IPO

Resouro picks up momentum after scoring more world-class results

Unicorns Podcast: Resouro Strategic Metals eyes METEORIC rise

Missed out on the Meteoric run? Resouro is coming to the rescue

Resouro Gold almost doubles high-grade foothold in Brazil ahead of ASX debut

Cash is running dry for miners in Canada, gold, rare earths and lithium explorers are making a beeline for the ASX

Hear it first

Thanks! You’re subscribed, Stockhead news is coming your way soon.

Don't be the last to know

Trending on Stockhead

No Country for Aussie Men? Leo Lithium boss says ASX African lithium plays can still succeed

Top ASX biotechs catching the eye of analysts and fund managers in 2024 - Part 1

Rise and Shine: Everything you need to know before the ASX opens

Top 10 at 10: Old gold mine dusted off, nickel project nabs Major Project Status

Resources Top 5: It's gov love a-gogo today for Alliance Nickel, Perpetual and Rincon

ASX digital lenders prioritise client safety amid shift away from cash - Part 1

ASX juniors are delivering on iron production and critical minerals exploration

ASX Small Caps Lunch Wrap: Who's worming his way out of being US President this week?

Market Highlights: Shopify, Airbnb drag down Wall Street; and what’s been moving the gold price lately?

There’s a big copper prize to be unlocked at GreenTech’s Whundo project

Get the latest Stockhead news delivered free to your inbox

I want the news:

Hear it first

Thanks! You’re subscribed, Stockhead news is coming your way soon.