Vietnam: Binh Thuan Mineral Industry JSC (KSA) on 26 December 2014 was given the investment certificate to start construction on a 60,000t/yr titanium slag processing plant. The plant, located on 0.11km2 of land in the Thanh Hai Industrial Cluster, plans to produce titanium slag for export to Japan and South Korea, where demand is high.
KSA has been building the infrastructure for the project for four years, from basic design and equipment selection to researching markets and preparing an appraisal for submission to the prime minister. To ensure material input, KSA acquired shares in companies that have existing mines or were already co-operating with existing mines. Thang Hai Industrial Cluster was the first in the country to specialise in titanium processing and is considered Vietnam's first titanium industry hub.
