Technical Reviews and Audits
With its large and diverse operating experience across nearly all titanium mineral and pigment operations around the world, TZMI and its subsidiary companies are in a position to efficiently identify areas for improvement in the areas of cost, quality and throughput. TZMI has proven experience in developing operating cash cost forecasts for the titanium minerals and pigment industries, which have been used in nearly all of the major industry transactions over the last five years.
TZMI has carried out numerous due diligence studies, feasibility studies and independent expert reports for both industry participants and potential new entrants and financiers, as well as for other titanium feedstock and pigment transactions.
Significant projects include :
- Cristal acquisition of Millennium Chemicals, acting as the Independent Industry Expert for Cristal and HSBC bank;
- Representing a private equity client in reviewing the sale of European TiO2 plants;
- Various competent persons reports for IPO/stock exchange listings;
- Kumba (now Exxaro) acquisition of Ticor, acting as the Independent Industry Expert for KPMG and Ticor independent shareholders;
- Private equity acquisition of Johnson Matthey Zircon/Ceramics assets;
- Sale of Cable Sands Mineral Assets;
- Ticor acquisition of interest in Iscor Heavy Minerals;
- RGC-WSL merger to form Iluka Resources.
- Acting as Expert Witness in Hexion-Huntsman legal case
- Pre-feasibility study for New Zealand Steel Titania Project
Numerous other significant studies have been carried out but remain confidential.