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GTM Mineral MX

Minerals

In 2012 GTM developed the mineral branch of GTM in Mexico. Once this was underway GTM went ahead and purchased 7 concessions of land in Chiapas and Oacaxa Mexico. Four of them in Chiapas occupy over 210km2 of estimated storage of titanium ore which equates to 180 million tons.

The entire mining process will take place underground. The environmental impact report has been approved by the Mexican government and the mining will begin in 2017.

The preliminary treatment center will be completed on site with an automatic magnetic system. After the mining process the ilmenite will be sent to China for refining. According to our design, the capability will meet around 1 million tons annually after the whole process is completed.