Ilmenite financing

2019-03-190
Ilmenite trade financing
Rutile production, minerals

DaVinci was inspired by people who can fly. Since existence of humanity, many fairy tales are based on the dream of flying. In our century, the dreams of humanity became true and with an airplane we can fly to any part of the world.

In order to build an airplane we need very special raw material like ilmenite. It is a primary ore of titanium metal. Ilmenite is weakly magnetic mineral sand, grey-black in color, solid in form and exists in a triangle crystal structure. Not only aircraft parts are partially manufactured from ilmenite but also bicycle frames, sports equipment and artificial joints for human. Interesting fact about it is that Apollo astronauts found abundant ilmenite in lunar rocks and the lunar regolith.

This mineral is a part of our commodity financing portfolio. In Maxwer Group AG we are committed to offer sustainable investments that would make our world a better place.

The addition to the mix of ilmenite mud waste from the production of titanium dioxide, has shown that a sustainable and frost resistant concrete can be made. Sustainable development leads to the production of building materials that are safer for the environment. One of the ways to achieve sustainability in materials is the addition of industrial wastes and by-products, especially to concrete. However, the addition of waste to concrete often decreases its durability and the scope of aggression of the environment in which the concrete is used has to be reduced. Making sustainable concrete, which is also durable in more aggressive environments, is rather difficult.

After 200 freeze-thaw cycles, studies understood that concrete validation is equal if not better with ilmenite components, a valid proof that ilmenite can actively participate in a sustainable building perspective, with more natural processes.

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© Maxwer Group AG. All rights reserved, 2024