industrial minerals operation
to Asian markets
Thessally Resources Pty Ltd (Thessally) is a privately-owned Australian company seeking to create value in the near to mid-term as it implements its strategy as an emerging magnesia producer, with a focus on the rapidly growing caustic calcine magnesia (CCM) market.
Our significant high grade Huandot Magnesia Project is located adjacent to transport, water and power infrastructure and well positioned to fast-track with trial mining completed.
By William Clarke, Fastmarkets IM In a trading update the company attributed its strong performance in the third quarter to increased refractory demand, adding it is protected from high raw materials prices in China due to its integrated business model. Refractories producer RHI Magnesita is benefiting from rising raw material prices, due to strong end-user …