Reuters reported that miner Argex Titanium is moving away from plans to build a mine after a resource estimate at the La Blanche Property and is focusing on developing a plant to deploy its extraction technology.
As quoted in the market report:
We’re kind of evolving towards being a specialty chemicalcompany with what I call a hedge against raw material prices, in the fact that we could develop our own properties, if it makes economic sense.
|Get the top stories on resource investing FREE! Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.|