What is Titanium?
Titanium is a silver metal that is strong, resistant to corrosion, and inert. It is the ninth most abundant element in Earth’s crust. Instead of occurring in large deposits, small amounts of titanium occur in almost every rock.
Titanium is an important constituent in a small number of minerals. About 90% of the titanium in Earth’s crust occurs in ilmenite, a mineral that most people have never heard of. It is an iron titanium oxide with a chemical composition of FeTiO3. The rest of Earth’s near-surface titanium is in minerals such as anatase, brookite, leucoxene, perovskite, rutile, and sphene.
Kenmare Resources plc (LON:KMR) is an established mining company, which operates the Moma Titanium Minerals Mine, located on the north east coast of Mozambique.