Rio Tinto takes Quebec slag plant offline on weak TiO2 demand

14 February 2013 19:16  [Source: ICIS news]

TORONTO (ICIS)--Rio Tinto is taking its upgraded slag (UGS) plant at Sorel-Tracy, northeast of Montreal, offline as it responds to weak titanium dioxide (TiO2) demand, the Anglo-Australian miner said on Thursday.

Rio Tinto did not disclose for how long the plant would be offline and did not comment on the unit's current capacity.

However, Rio Tinto said that with improving economic conditions in China and the US, along with lower prices, TiO2 demand should gradually return. Inventories are expected to be drawn down progressively in 2013, it added.

The UGS plant produces raw material for the titanium pigment industry that uses the chloride process, according to information on Rio Tinto’s website.

Last week, Rio Tinto’s TiO2 business unit, Rio Tinto Iron & Titanium, said it was halting plans for a new facility to produce TiO2 feedstocks in Quebec.

By: Stefan Baumgarten
+1 713 525 2653

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