what direction are industrial minerals heading?
DESCRIPTION
A presentation give at Spain\'s 1st Industrial Minerals Congress in Zaragoza 25-28 May 2010 looking at global trends in the non-metallic minerals industry.TRANSCRIPT
What direction are industrial minerals
heading?
Simon Moores, Deputy Editor
Industrial Minerals
UK
A view from the end markets
Construction/car manufacturing Primary: metals (steel), cement, glass consumption Secondary: paints, plastics, ceramics
Fertiliser An emerging industrial giant
New energy Electric cars Solar power Wind Power
Construction & cars
Primary markets Steel – 70% refractory consumption = 20 main minerals Cement – high bulk, low value Glass - an array of filler minerals, similar to ceramics
Secondary markets Plastics – filler minerals, speciality minerals Paints – filler minerals, pigments
Ceramics – filler minerals, speciality minerals
Activity dries up
Construction
Cars 2007: 55m. Units 2009: 52m. Units 2010: 51-53m. Units
Impact 1: Destocking Whatever happens downstream is accentuated upstream
Impact 2: Sales fall, production falls
Austria, Europe (Refractory manufacturer)
33% H1 2009
27.5% H1 2009
Brazil, South America (Refractory manufacturer)
Refractories
Impact 2: Sales fall, production falls
Filler minerals – kaolin, wollastonite
Wollastonite
USA, North America
Demand Market
40% Cars
(June 2009)
Kaolin
Brazil, South America
53.3% Paper (Q1 2009)
Impact 2: Sales fall, production falls
Pigment…
Titanium dioxide (TiO2 - an industrial guide)
USA, North America
8% Cars
Demand Market (H1 2009)
12% Construction
Emerging directions: Fertiliser
New Energy: electric vehicles (EV)
Lithium-ion batteries What is lithium
New Energy: Lithium
New Energy: Lithium/EV
INSERT LITHIUM DEMAND PREDICTIONS
New Energy: Lithium/EV
New Energy: Lithium/EV
New Energy: Lithium/EV
Opportunities for Europe…
No production of lithium in Europe 1 developer at present – Keliber (Nordic Mining),
Finland Europe will have one of the biggest markets for
lithium