titanium stockist Australia 's third largest iron ore company FMG

Russia " IRC " titanium 260,000 tons annual output of 65%
Australia 's third largest iron ore company FMG , the Russian iron ore companies IRC also hope to find in China making the rich dream.
Faced with increasingly hot titanium welding wire iron ore market in the past year , the executive director and CEO of the company Yury Makarov are running in mainland China . Yesterday, the IRC received a $ 340 million loans from the Commercial Bank of China , this means that it 's total reserves of 740 million tons of Russian-Chinese border is located in an iron ore project into the development process.
In October of this year, IRC conducted IPO in Hong Kong , the financial capital of $ 240 million . But these funds is not sufficient to support its second largest mine mining plan .
IRC currently has three major iron ore mines , which are KURANAKH, K & S and GARINSKOYE, reserves of 22 million pure titanium wire tons , 740 million tons and 376 million tons , with an average grade of 33% to 35%.
This year KURANAKH mines already in production , started selling in September , planning an annual production capacity of 1 million tons of iron concentrate and 260,000 tons of titanium , a grade of 63% and 65%. K & S planned capacity of 3.2 million tons of iron concentrate , plans to put into operation in 2013 . GARINSKOYE planned capacity of 4.6 million tons of iron concentrate , 2012 to 2013, the project started in titanium manufacturer 2015 officially put into operation .