Fluorspar Market

Fluorspar Market

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Fluorspar Market Summary*

Fluorspar – Principal Uses

 There are two principal commercial grades of fluorspar produced:

Metallurgical-spar accounts for approximately 35% of the total fluorspar production with the principal applications being:

Acid-spar, the grade of fluorspar which the Company is planning to produce, accounts for approximately 65% of total fluorspar production with the principal applications being:

Fluorspar – Production, Consumption and Price Trend

The current global production of fluorspar is approximately 5.7 million tonnes per year:

Source: www.indmin.com

Fluorspar – Outlook and Strategic Opportunity

Based on macroeconomic drivers the Company continues to be strategically placed to capitalise on the supply gap in the future by developing its 100% owned large fluorspar assets, containing fluorspar resources of 13.1 million tonnes, located in the key markets of the USA and Europe.

* The information in this Fluorspar Market Summary is drawn from various sources, including Industrial Minerals Magazine/FastMarketsIM, United States Geological Survey, Roskill, IHS, UN Comtrade, industry sources, Xenops and CRU. CAGR – Compound annual growth rate.