Sierra Rutile Holdings Ltd

ASX:SRX

Sierra Rutile Holdings Ltd is a AU-based company operating in Metals & Mining industry. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-07-27. Sierra Rutile Holdings Ltd is an Australia-based natural rutile producing company. The firm is a multi-mine mineral sands operation straddling the Bonthe and Moyamba districts in southern Sierra Leone. Its mining and mineral processing operations at Area 1 include four wet concentrator plants (WCPs), a mineral separation plant (MSP) and associated infrastructure. The company also holds the natural rutile deposits, the Sembehun Project. The Sembehun deposit is located approximately 30 kilometers from the Current Area 1 Operations. The company produces three primary products for sale, such as SGR, IGR, and chloride ilmenite. SGR is used primarily in the manufacture of titanium dioxide pigment and titanium sponges. IGR is used for flux core welding wire applications due to its high packing density and low contaminant level. The company also produces zircon as well as chloride-grade ilmenite, which is sold mainly for pigment production. Its products are sought after in various end-use markets and applications.