Argex Mining CEO Roy Bonnell Discusses the Titanium Dioxide Industry on Midas Letter Money
Argex Mining Inc. (TSX.V:RGX) (OTCBB:ARGEF) CEO Roy Bonnell is the guest on Midas Letter Money today. Roy explains to James how rising living standards in emerging markets like China are driving demand for Titanium Dioxide, and how Argex plans to provide a significant portion of that demand.
Argex is a near-term producer of Titanium Dioxide, Iron and Vanadium Pentoxide, and has recently signed a collaborative agreement with PPG Corp. (NYSE:PPG), one of the world's largest suppliers of paints made with titanium dioxide.
The process is running continuously at a mini-plant in Mississauga, Ontario. The closed-loop process is environmentally friendly and produces minimal inert tailings.
Additionally, the Company owns 100% of the Mouchalagane property, which is a large Labrador Trough iron ore property that represents further potential upside for Argex's shareholders. Visit them online at http://www.argex.ca
Midas Letter Money is the show about commodities, energy, and natural resources and the public companies who seek for and develop them. Hosted by James West and distributed to 450,000 installed subscribers to the Thomson Reuters Insider platform, the show is available at insider.thomsonreuters.com or at http://www.midasletter.com
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Source: Midas Letter Portfolio Advisors AG via Thomson Reuters ONE
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