PTR Minerals highlights potential for titanium production

• PTR Minerals (ASX:PTR) completed a preliminary mining study demonstrating access to high-grade mineral zones from early operations.
• The technical evaluation confirmed options to lower initial capital expenditure by using simple processing methods.
• PTR Minerals aims to maximise early cash flow while planning long-term production at its Rosewood deposit.

PTR Minerals (ASX:PTR) confirmed that new engineering studies show the potential to mine high-grade titanium zones from the start of operations at its Rosewood Project.

The study evaluated four processing cases to establish optimal early cash flow relative to prior baseline expectations.

PTR’s Managing Director Rob Sennitt stated, “The ability to mine the extremely high-grade zones at Rosewood in the early years of an operation could have a significant impact on the financial returns.”

Testwork by Mineral Technologies showed high-quality titanium production via wet concentration alone, potentially reducing setup expenses and operational complexity.

The company stated that the high-grade deposit is scalable to meet market demand for decades.

Following the announcement, the PTR Minerals share price was unchanged at $0.12.

The Rosewood deposit holds heavy mineral grades of 17%, including over 92% valuable heavy minerals.

PTR Minerals continues to engage potential customers and evaluate alternative processing options to guide future development steps.