GTM Mineral MX S. de R.L. de C.V. (GTMMX) has 7 concessions of land in both Chiapas and Oacaxa Mexico. In Chiapas, 4 concessions occupy over 210km2 with an estimated deposit of titanium ore over 100 million tons. In 2021, over 23,000 tons of titanium minerals were delivered to China and sold to Chinese titanium dioxide plants.
The underground mining in concession Bambu with a capacity of 280,000 tons concentrate minerals in the first year will be our main business in the coming year. 500,000 tons to 600,000 tons per year concentrate minerals output in our near future goal.
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 |
