Empire Metals unveils massive Titanium discovery, shares surge

Empire Metals Limited has confirmed a massive titanium deposit at its Pitfield Project in Western Australia, potentially delivering a game-changing discovery for the global titanium market.

The AIM-quoted exploration company has just released a maiden Mineral Resource Estimate that confirms Pitfield as one of the largest and highest-grade titanium resources ever reported globally.

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The project is estimated to hold 2.2 billion tonnes grading 5.1% TiO2, containing a massive 113 million tonnes of titanium dioxide.

Empire Metals shares jumped over 17% on the news on Tuesday.

What makes this discovery particularly impressive is its sheer scale and quality. The resource spans across two main deposits—Thomas and Cosgrove—covering 39 square kilometres and 20 square kilometres, respectively.

Yet these represent less than 20% of the known mineralised surface area, suggesting enormous potential for future expansion.

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The weathered zone alone contains 1.26 billion tonnes grading 5.2% TiO2, translating to 65.6 million tonnes of contained titanium dioxide. This naturally weathered material sits at surface level, eliminating the need for complex mining operations.

Pitfield’s location provides significant logistical advantages. The project benefits from existing rail links to deep-water ports, offering direct shipping access to major markets including Asia, the USA, Europe, and Saudi Arabia.

Investors will be delighted with the latest update, which further confirms the strength of the firm’s asset base.

Empire has already demonstrated the commercial viability of its discovery, with conventional processing successfully producing high-purity titanium dioxide grading 99.25% with negligible impurities. This quality level makes it suitable for both titanium sponge metal production and high-grade pigment applications.

“Pitfield is truly one of the natural geological wonders of the world: a district scale, giant titanium rich ore deposit which has remained hidden in plain sight until recently discovered by Empire,” said Shaun Bunn, Managing Director of Empire.

“Credit goes to our talented exploration and technical team who have delivered one of the world’s largest titanium MRE, a metallurgical flowsheet and a saleable product, all within a remarkable short period of 30 months from our first drill hole.

“The incredible success achieved to date has only spurred our team’s endeavours to untap the true potential of this phenomenal project and we remain focused on completing our processing optimisation testwork and moving rapidly into continuous piloting early next year. We have already commenced engineering, environmental and marketing studies which combined, will help confirm the commercial viability of Pitfield and form the basis for a Final Investment Decision.”

Empire Metals shares are over 800% higher so far in 2025.

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