Titanium Ore

GTM Mineral MX S. de R.L. has 7 concessions of land in both Chiapas and Oacaxa Mexico. Of the 7 the four concessions that are in Chiapas occupy over 210km2 of estimated storage of titanium ore over 100 million tons. All the mining preparation completed and 200,000 tons titanium minerals should be delivered in 2021 according to the contract GTM has signed.

The first mining concession will be Bambu with a capacity of 60,000 tons/month. The concentrated plant phase I has been set up with a capacity of 30,000 tons/months. Phase II will be set up in the first half of 2021. The first shipment of 20,000 tons will be completed in the middle of March 2021.

After concentrated the percentage of TiO2 is around 50%, one the test report is as below:

Element

TFe

mFe

TiO2

MgO

CaO

SiO2

MnO

P2O3

Al2O3

Cr2O3

V2O5

S

K2O

Na2O

%

29.08

4.75

50.8

2.26

0.42

2.64

0.23

0.064

2.21

0.20

0.27

0.013

0.12

0.081

Titanium