Sembehun Project Feasibility and Market Dynamics slide image

Sembehun Project Feasibility and Market Dynamics

Sierra Rutile Marketing Sierra Rutile Limited Sierra Rutile has a long and established market presence, including relationships with all of the primary chloride-based titanium pigment manufacturers as well as the world's largest producers of high-specification aircraft-quality titanium metal. Overview Sierra Rutile's products are highly sought after in several end-use markets and applications. Associated sales arrangements are custom-tailored, varying by end- use application and ranging from spot to six-month duration. Sierra Rutile currently produces three primary products for sale: Standard Grade Rutile (SGR), which is considered to be an industry leading high quality product and is consumed primarily in the manufacture of titanium dioxide pigment and titanium sponge. Industrial Grade Rutile (IGR), which is well suited to high quality flux core wire applications due to its high packing density and low contaminant level, ensuring that the product generally trades at a premium to competing rutile products. High-grade ilmenite, which is sold mainly for pigment production. In addition to the three primary products above, Sierra Rutile also produces Zircon- in-concentrate (ZIC), used in ceramics, chemicals, refractory and foundry. Sierra Rutile has no committed off-take volumes post December 2022 and expects that future arrangements will be entered into on market terms. Sierra Rutile End-Uses of Titanium Dioxide Feedstocks (FY19-21)¹ Sierra Rutile's primary products serve the following end-use applications: Pigment 6% Paint, plastics, inks, speciality coatings 14% Metal Aircraft frames and engines, medical items, sporting goods Welding Steel fabrication, ship building Key Customers 80% Sierra Rutile's key customers include some of the world's largest producers of pigment, the world's leading welding consumable manufacturers and discerning titanium sponge producers serving the high quality aeronautical applications. Note: (1) Sierra Rutile's historical sales (in tonnes) by end-used application. KRONOS TRONOX VENATOR Chemours™ 17
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