Black Sea Minerals Inc


908-525 Seymour StVancouverBritish ColumbiaV6B 3H7Canada View Map


$2.4 Million





(604) 685-1527


(604) 685-1596


Black Sea intends to focus its marketing and sales of industrial garnets in Europe, where it can sustain a cost advantage over its competitors. In the initial phase, Black Sea will provide small amounts of sample product from its Pilot Plant to customers for technical evaluation and pricing. The Company plans to market 10,000 tonnes of product annually in a variety of categories of end-use to all garnet markets, however, the initial thrust will be on European markets for abrasive water jet cutting, blast cleaning and polishing powders. This market tends to be served by imported product, and Black Sea's location and low cost structure will ensure that the Company's products are competitive with those from the USA, Australia, and India. The European average price is estimated at $325.00 per tonne. Black Sea intends to introduce its product at $250.00 per tonne for market entry. The Company intends to adjust its pricing upwards to meet market levels, currently averaging about $300 per tonne. Initial production from Black Sea's Pilot Plant will provide small tonnage orders to specific high-margin markets.

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