In fact, it could have the largest rutile deposit anywhere in the world, if the results of ongoing exploration work go its way.
For anyone not familiar, rutile is a significant source of titanium, a metal widely used in aerospace, clean-tech and medical applications, but which is mainly an essential component in paint pigments.
You can get titanium from ilmenite too, and in some cases rutile and ilmenite are found together.
But the kicker is that it’s much more carbon and energy intensive to extract titanium from ilmenite than it is to extract it from rutile.
In other words, rutile is a big tick in the green energy box..
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