Tasnee delays start of trial operations of ilmenite treatment project to 2H17
Tasnee has postponed the start of trial operations at its ilmenite treatment project to 2H17, according to Argaam. The news source mentioned that the plant was previously delayed several times, as the start of trial operations was scheduled earlier to commence in 1H17. The company also expects to start the titanium sponge plant in 2H17.
National Industrialization Company (Tasnee): SAR16.58 as of 22 Mar. 2017, Rating: Neutral, TP: SAR18.00/share, MCap: USD2,957mn, NIC AB/2060.SE
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