American Technologies Incorporated Petroleum (ATIP) has announced that the People’s Committee of Vietnam has approved its license for mineral exploration, and development of an ilmenite/titanium reserve.
Production is currently underway, with reserves estimated at over 5 million metric tons, while ATIP is the process of negotiating contracts that will make this mining project increasingly profitable.
Upon receiving the license, ATIP has gone into the immediate exploration and development, with the mining area consisting of 586 hectares and currently producing Ilmenite, Rutile, Zircon and Monazite in commercial quantities.
Gases such as chlorine gas and argon are commonly used in the batch process of commercial titanium production, thought to be known as the Kroll process.
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