This Study compares the cost competitiveness of individual operations and provides valuable insights into the profitability of the sector.
(PRWEB) July 17, 2014
TZ Minerals International (TZMI) is pleased to announce the release of the Titanium Feedstock Producers Comparative Cost Study 2014.
As with last year, TZMI has reformatted the annual Titanium Feedstock Producers Comparative Cost Study to include never before released information and analysis on comparative operating costs in the global titanium feedstock industry. The presentation style Cost Study contains valuable insight and TZMI’s expertise in this essential reference for the feedstock industry.
This year the Study covers in depth analysis of operating costs at 29 titanium feedstock operations throughout the world, with an updated industry cost curve. The Study is an invaluable tool for benchmarking and evaluating both existing operations and potential new projects in terms of comparative costs.
The market dynamics of the global titanium feedstock sector changed considerably in 2013, influenced by de-stocking at the pigment producers’ end, resulting in lower offtake for feedstocks.
Feedstock prices declined throughout 2013, failing to recover in an environment of weak demand. With higher unit operating costs as feedstock producers scaled back on output due to the weak market conditions and lower revenue as a result of falling prices, cash margins of individual operations are significantly affected.
This Study compares the cost competitiveness of individual operations and provides valuable insights into the profitability of the sector. The Study also provides a comprehensive summary of overall cost trends within the industry in recent years and highlights factors that influenced these trends.
Included in the Study is TZMI’s methodology in developing the cost study; fundamentals of the titanium feedstock and zircon markets; industry cost competitiveness; and cost developments within the industry in the 2013 calendar year.
The cost and profitability curves are subject to thorough discussion and analysis and cover:
- HMC production costs
- Mineral processing costs
- Total cash costs of mineral production
- Ilmenite beneficiation costs
- Total cash costs of production
- Cash margins
This analysis and insight is applied to the 29 operations included in this year’s Titanium Feedstock Producers Comparative Cost Study.
TZMI first published the Titanium Feedstock Producers Comparative Cost Study in 2001, using 16 operations as the basis for comparison. The aim of the original study was to provide an industry cost curve that could be used in benchmarking analysis for both existing and new projects. That aim has not changed during the years, but what has changed is the development of more sophisticated data and detailed examination of the information related to operating costs.
This Study is suitable for anyone wanting to understand operating costs in the titanium feedstock sector and maintain an up-to-date perspective of all elements of the industry, including:
- New and established mineral sands producers
- TiO2 pigment producers
- New or potential entrants to the industry
- Financial industry (fund managers, hedge funds, investors and potential investors)
Orders for Titanium Feedstock Producers Comparative Cost Study 2014 are now being taken. For more information please visit http://www.tzmi.com or call +61 8 9359 6000.
TZ Minerals International (TZMI) is a global, independent consulting and publishing company with offices in Australia, China, the US and Africa. The strength of TZMI’s consulting services stems from extensive practical experience in the mineral sands, titanium dioxide and coatings industries and from a comprehensive database, which has been built up over many years.
TZMI has proven expertise gained from our consultants having many years of direct operating experience in the industry in chief executive, senior operational, analytical and marketing roles.
TZMI’s publications and data services support the consulting activities and ensure up-to-date, high quality and comprehensive data, analysis and information across the mineral sands, zircon and TiO2 pigment industries.
TZMI provides operational and technical expert advice on many areas including:
- Mergers and Acquisitions
- Market Assessments and industry analysis
- Due diligence
- Pre-feasibility studies including preliminary capital and operating cost estimation
- Competitive cost analysis and benchmarking
- Technical reviews and audits
- Resource assessments
- Physical separation test work
- Flowsheet development
- Customised data analysis and reporting
Tracey Kelly – Business Development and Marketing Manager
TZ Minerals International E: [email protected] P: +61 8 9359 6000