Add to watchlist:

Only registered members can add into watchlist !

Register here !
Argex Titanium
Deal Argex Titanium Tax Free* Losses can exceed
your initial deposit
*subject to change and depends on individual circumstances.

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other TiO2 applications.  


Argex’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module; a first step in its...

Read more

Argex Mining to expand titanium production

Junior titanium producer Argex Mining (CVE:RGX) plans to expand the current production capacity by 3,000 percent after successful testing of its La Blache ore pilot-plant, the company reported Monday.  

Production capacity of high purity titanium from the company’s majority owned deposits will now rise from 0.3 kilograms a day up to 10kg a day. 

Argex chief executive Roy Bonnell said: "The pilot-plant expansion represents a significant milestone.

"The primary objective of the expansion is to increase the quantity of titanium product samples we can provide to end-users." 

Expansion is slated to be completed before the end of the first quarter of 2012, with production set to begin by the second quarter. 

The La Blache acreage, which is comprised of one block of 73 contiguous claims, lies in the Manicouagan region in Quebec, roughly 120 kilometres northwest from the city of Baie-Comeau on the north shore of the St. Lawrence River.

Argex noted: "The scale-up permits us to not only increase production it will also allow us to conduct larger scale testing and continue to optimize the key performance indicators."

Recently, Argex Mining announced the completion of pilot-plant testing of ore from its La Blache deposit.

Highlights at the deposit included: production of 99.8 percent pure titanium dioxide, with a recovery rate of 90 percent, directly from run of mine materials. 

In addition, the pilot-plant testing revealed brightness and colour in line with, or superior to, some of the major producers in that sector. 

Also, Argex said the organics used in the production process have been recycled over 100 times, demonstrating the viability of the process.

Aside from La Blache, which hosts 4.7 million tonnes of inferred resources grading 10.67 percent of titanium, 41.76 percent iron and 0.25 percent vanadium, the junior miner owns the Mouchalagane property, a large Labrador Trough iron ore project.

Shares of Argex Mining were down 5.56 percent to trade at 42.5 cents on Toronto’s junior Venture exchange.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.