Tiwest Joint Venture
| Industry | Mining |
|---|---|
| Founded | 1988 |
| Defunct | June 2012 |
| Fate | Operations absorbed by Tronox |
| Headquarters | , Australia |
| Owners |
|
| Website | tiwest |
The Tiwest Joint Venture was a joint venture between Tronox Western Australia Pty Ltd and subsidiaries of Exxaro Australia Sands Pty Ltd. The Tiwest Joint Venture was a mining and processing company, established in 1988, to extract ilmenite, rutile, leucoxene and zircon from a mineral sands deposit at Cooljarloo, 14 km north of Cataby, Western Australia.[1] As of June 2012, the joint venture was formally dissolved, when Tronox acquired the mineral-sands-related divisions of Exxaro outright.[1][citation needed]
Tiwest's corporate office (sales/marketing/accounting/administration/IT/etc) was located in Bentley, five minutes drive south of the Perth central business district. During the joint-venture phase of operations, from 1988 through 2012, heavy mineral concentrate was trucked from Cooljarloo, 1 hour and 15 minutes south to the Chandala mineral sands processing plant, near Muchea, 70 km north of Perth. The concentrate was then separated in a facility known as a dry mill, using a magnetic separation-process. Ilmenite was further processed on-site into synthetic rutile, which is used by pigment plants to manufacture paints and similar products. Additional minerals,[vague] produced as a byproduct of the rutile production process, were sold as-is. Most synthetic rutile from Chandala was then trucked to Kwinana, 30 km south of Perth, to the Tiwest-owned pigment plant, which produces titanium dioxide a.k.a. TiO2. A $100M upgrade to this Kwinana pigment plant was approved[when?] by the boards of both Tronox and Exxaro, and was expected[citation needed] to increase TiO2 pigment production by up to 50%[vague] before 2013. TiO2 is the best[citation needed] commercially viable whiting agent known, and is typically used in the manufacture of paints, plastics, and food stuffs.
As part of the 2012 acquisition,[2] the assets of the TIWEST Joint Venture have been folded into the sole parent company, Tronox, which continues to operate in the mineral-sands industry.
References
[edit]External links
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