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    market news

    Argex Titanium Abandoning Plans to Build Mine in Favour of Developing Technology

    Investing News Network
    Mar. 04, 2013 08:32AM PST
    Battery Metals

    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.

    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.

    To view the whole Reuters report, click here. 

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