Argex selects Valleyfield for first TiO2 production plant

11 Apr '13

4 min read

“The Port of Valleyfield is an important asset for the region, and I am delighted that it played a role in attracting a new business to Salaberry-de-Valleyfield,” stated Michel Gadoua, President and CEO of the Société du Port de Valleyfield. “Right from the start, we offered Argex our full collaboration, and we can assure it that this partnership will endure for as long as Argex conducts operations in Valleyfield.”

The Argex feasibility study, announced on October 11, 2012, in collaboration with Genivar, one of Canada’s largest engineering firms, will provide a cost estimate for the first Argex production module and will recommend a development plan. Once the study has been submitted, Argex will continue to pursue additional partnership opportunities and it will launch the detailed engineering work and the hiring of suppliers necessary, many of which are expected to be situated locally in the Valleyfield area.

About Argex Titanium Inc.

ARGEX Titanium Inc. is a near-term producer of Titanium Dioxide (TiO2). With a primary goal of advancing rapidly towards production, Argex has adopted a simple and low-risk strategy for the scale-up of its proprietary process that allows it to produce high-purity pigment-grade TiO2 directly from run-of mine material. The closed-loop process is environmentally friendly and produces minimal inert tailings.

Argex

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