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[February 2003]
Zircon Marketing and Purchasing Rights Agreement Signed
DuPont Titanium Technologies (Wilmington, DE, USA) and BeMax Resources NL of Australia have signed an agreement granting DTT exclusive global purchasing rights to zircon derived from the Gingko deposit in the Pooncarie Mineral Sands Project in New South Wales, Australia.The Pooncarie Project, wholly owned by BeMax, encompasses the Gingko, Snapper and several other deposits. It is the first major fully permitted mineral sands development in the New South Wales portion of the Murray Basin mineral sands province.
BeMax Resources NL is a mineral sands industry investment group based in NSW, Australia.
DuPont Titanium Technologies is the world's largest manufacturer of titanium dioxide, serving customers globally in the coatings, paper and plastics industries. It operates plants at DeLisle, MO; New Johnsonville, TN; Edge Moor, DE; Starke, FL - all in the USA - as well as in Altamira, Mexico; Uberaba, Brazil; and Kuan Yin, Taiwan.
ENDS