Heavy Mineral Sands
- Expansion into Heavy Mineral Sand Mining focuses on developing capabilities for extracting minerals such as Rutile, Ilmenite, Zircon, Garnet, Sillimanite, and Monazite.
- These minerals serve as feedstock for Titanium Oxide pigments, Titanium metal production, and welding electrodes, with plans to produce Titanium slag as an intermediate product.*
- Four exploration licenses obtained in Sri Lanka; further applications in progress, Operations expected to commence by Fiscal 2027, pending environmental clearances
4 exploration licenses acquired in Sri Lanka
Exploration reports approved by Sri Lanka's Geological Survey and Mines Bureau.
Serving expanding Indian and global markets, with operations set to commence in FY 2027.
*Source: CRISIL Report
Market & Growth
- Heavy mineral sands contain key minerals such as ilmenite, rutile, zircon, and monazite, which are crucial for titanium-based products in industries like aerospace, electronics, and paints.
- Midwest has expanded its heavy mineral sands operations through its subsidiaries in Sri Lanka, with a planned production capacity of 37,000 MTPA, strengthening its presence in the global market.
- India plays a significant role in the heavy mineral sands market, with deposits concentrated along coastal areas.
Products
Rutile
Ilmenite
Zircon
Garnet
A source of titanium metal, used in aerospace, semiconductors, and defense applications.
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