Empire Metals secures ￡8 Million to accelerate Pitfield project
2026-05-12 16:24:16 [Print]
Empire Metals Ltd has successfully raised ￡8 million through a share subscription from existing institutional investors, bolstering its efforts to advance the Pitfield Titanium Project in Western Australia.
The newly secured capital will be deployed across multiple critical workstreams at Pitfield, including expansion and classification drilling to enhance the mineral resource estimate, detailed mine planning, comprehensive metallurgical testing (both batch and continuous pilot-scale trials), as well as engineering and economic assessments.
The company also highlighted that product development and market engagement are progressing well, with ongoing pilot-scale production and offtake discussions centred on delivering TiO2 pigment and titanium metal products to downstream customers.
The newly secured capital will be deployed across multiple critical workstreams at Pitfield, including expansion and classification drilling to enhance the mineral resource estimate, detailed mine planning, comprehensive metallurgical testing (both batch and continuous pilot-scale trials), as well as engineering and economic assessments.
The company also highlighted that product development and market engagement are progressing well, with ongoing pilot-scale production and offtake discussions centred on delivering TiO2 pigment and titanium metal products to downstream customers.
Titanium Dioxide Rutile, 93%min FOB China
Unit:USD/mt
China titanium dioxide producers' inventory to production ratio statistics by province by month
Unit: %
