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"IRON ORE MAY BE MORE INTEGRAL TO THE GLOBAL ECONOMY THAN ANY OTHER COMMODITY, EXCEPT PERI-IAPS OIL". - Christopher La Femina, mining analyst at Barclays Capital, as cited on The Financial Times website

TITANIUM INDUSTRY PLAYERS

Although not as commonly known as the 'titanium' used in the aerospace industry, titanium dioxide (Ti02) is a 510 billion pigment industryi with annual global production in excess of 4 million metric tons.2 Among the TiO2 industry leaders are the following companies.

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