ASX‐listed, integrated mining company Mineral Deposits has become aware of a gearbox failure at the TiZir Titanium and Iron ilmenite upgrading facility, resulting in the need to shut down the pre‐education kiln.
An early prognosis is that the kiln could be offline for a period of approximately six weeks.
The furnace is expected to continue to operate during this period, albeit at reduced levels.
Titanium and Iron ilmenite (TTI) management are considering various strategies to mitigate the lost production.
TiZir has comprehensive insurance in place and is working with its insurers to make a claim in this regard.
MDL is a 50% owner of TTI via its interest in TiZir.
The TiZir joint venture comprises two integrated, operating assets the Grand Côte mineral sands operation (GCO) in Senegal, West...
International/Senegal – Australia-based mineral sands miner Mineral Deposits’ furnace at the TiZir Titanium and Iron ilmenite upgrading facility (TTI) in Europe was restarted in late December following successful completion of a three month shutdown for...