Zirconium

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations

Disclaimers

Data Interpretation & Reporting Level

Quantitative Techniques & Analytics

Product Definitions and Scope of Study

Ceramics

Refractories

Foundry

TV Glass

Others

II. EXECUTIVE SUMMARY

1. Global Market Overview

Outlook and Trends

Strong Chinese Demand and Restricted Supply Lead to Soaring Prices

Oversupply in Titanium Feedstock Curtails Zircon Sand Output

Zirconium Dioxide Market Expands as New Uses Surface

Market Structure

Table 1: World Zircon Production by Companies (2006 E): Percentage Breakdown of Market Share for Iluka, RBM, Ticor, Namakwa, DuPont and Others (includes corresponding Graph/Chart)

Pricing Scenario

World Mine Production, Reserves and Reserve Base

Table 2: World Zirconium Mine Production by Geographic Region (2004 & 2005): Percentage Breakdown of Volume Production for Australia, South Africa, Ukraine, Brazil, India, China and Others (includes corresponding Graph/Chart)

Table 3: World Zirconium Mine Production by Geographic Region (2000- 2005 E) in Thousand Metric Tons for Australia, South Africa, Ukraine, Brazil, India, China and Others (includes corresponding Graph/Chart)

Table 4: World Reserves & Reserve Base (2005) in Million Metric Tons for South Africa, Australia, Ukraine, United States, India, China, Brazil, and Others (includes corresponding Graph/Chart)

Production

Table 5: Leading Zircon Producers Worldwide: Percentage Share Breakdown by Region/Country for 2005 (includes corresponding Graph/Chart)

Leading Producers of Zircon In Terms of Production Capacity for 2005

Table 6: World Production of Zirconium Mineral Concentrates (in Metric Tons) for Australia, South Africa, Ukraine, Brazil, India, China, Russia, Malaysia, Indonesia and Thailand: Historic Data for 2000 (includes corresponding Graph/Chart)

Leading Producers

Australia

Table 7: Leading Zircon Producers in Australia: Iluka, Tiwest, CRL, CSL, Mineral Deposits Ltd, Currumbin Minerals Pty Ltd, Historic Data for 2001 (includes corresponding Graph/Chart)

South Africa

2. Product Overview

Historical Review

Properties

Sources

Zircon

Grades of Zircon

Baddeleyite/Zirconia

Manufacturing Process

Steps Involved in Kroll Process

End-Use Applications: A Review

Zirconium Consumption

Fused Zirconia

Unstabilized Zirconia

Fully Stabilized Zirconia

Partially Stabilized Zirconia

Zirconium Metal

Zirconium Powder

Zirconium Sponge

Zirconium Crystal bar

Zirconium Chemicals

Zirconium Alloys

Zirconium Tungstate

Partially Stabilized Zirconia

ZAG Compounds

A Note on Hafnium and Titanium

Hafnium

Titanium

3. End-Use Analysis

Ceramics - The Major End-User

Zirconia Ceramic

Refractories

Foundries

TV Glass

Other Applications

Applications of Other Zirconium Compounds

Application in Nuclear Reactors

Application in Electronics Industry

Application in Chemical and Electrochemical Industry

Usage of Zirconium Reactor Vessels in Manufacture of Urea Fertilizer

Zirconium’s Reaction in Sulfuric Acid

4. Recent Industry Activity

Astron Limited Enters into an Agreement with Yingkou Coastal Industrial Base to Build a Chemical Plant

Tosoh Corp to Augment Zeolite and Zirconia Powder Output

Iluka Resources Enters into an Agreement with Far West Coast Native Title Group

Hop Long Investment and Trading JSC Commences Titanium Zircon Mining

TVEL to Increase Output of Zirconium and Other Metals

PPG Industries Introduces a Zircobond, a New Pretreatment Technology

Westinghouse Electric to Restructure Blairsville Facility

Titanium Corp’s Plans to Improve Mineral Processing are in Progress

Tosoh Corp to Build a High Silica Zeolite Plant and a Zirconia Powder Plant

Bao Tai Group and State Nuclear Power Technology Company Commissions State Nuclear Precious Titanium and Zirconium Shareholding Company

Astra Tech Launches Atlantis® Abutment in Zirconia

Australian Zircon to Expand Production at Mindire Zircon Mine

Iluka Resources Reports a Fall in Zircon Production

Gunson Resources Ltd Enters into a MoU with CITEC

Guangdong Orient Zirconic to Construct a A1-Y Zirconia Powder Composites Project

China Zirconium to Commission a Zircon Mine

Gunson Resources Enters into an Agreement with CTIEC

Diatreme Resources Ltd Discovers Zircon and Leucoxene in Cyclone HM Prospect

Olympia Resources Buys a Zircon Concentrate and Gold Processing Plant in Australia

Astron Ltd to Divest its Zirconia Materials Business

Bhalla Chemical Works Launches Two New Grades of Zirconia

Industrie Bitossi Launches a New Milling Facility in China

Jiangxi Jingan Hi-Tech Company to Construct a Zirconium Oxychloride Plant in China

Asia Zirconium Enters into an Agreement with Jiangsu Binhai Economic Development Zone Chemical Industry Garden

Ukraine to Build a Metallic Zirconium and Alloys Plant

Rosspetssplav to Develop a Raw Material Base at Tara Zirconium-Ilmenite Deposit

Tioline Completes Phase-I Construction of the Mining and Concentrating Complex

Ganzhou Jinghuan Rare Earth New Material Co Receives Approval to Build a Rare Earth Zirconium Plant

Westinghouse Electric Co. Entered into a Contract with the Government of China

Alkane Exploration Changes Name to Alkane Resources

Asia Zirconium Limited Changes Name to China Zirconium Limited

Kumba Resources Changes Name to Exxaro Resources

National Titanium Dioxide Company Announces Acquisition of Millennium Inorganic Chemicals

Altair Nanotechnologies Inks Agreement with Sulzer Metco

Klyuchevsky to Invest in Zirconium Placer

Tioline to Invest in Titanium-Zirconium Deposit

Rename of AMR Technologies

Smith & Nephew Launches Knee System Using Oxidized Zirconium Alloy

Kumba Resources Acquires Ticor SA

Astron Plans to Expand Monoclinic Zirconias Capacity

KNFC to Construct Zirconium Tube Plant

Anglo American Approves Expansion of Namakwa Sands Facilities

Astron Acquires Zirtanium’s Zircon Deposits

Iluka to Invest A$43 Million in Gingin

NFC to Commence Zirconium Plant

Douglas Project Contract Awarded to Roche by Iluka

Iluka to Invest A$270 Million in Murray Basin

Alkane Exploration Ltd in a Joint Venture with Astron Limited

DuPont’s Titanium Technologies and BeMax Sign Agreement

Kenmare Resources Signs Sales Contracts for Zircon

Krasnyj Vyborzhets Inks Contract with Thyssen Duro Metall

Indian Rare Earths to Increase Zircon Capacity

Astron Mining Increases Fused Zirconium Capacity

Shandong Shuguang Sets Up Production Line

Millennium Chemicals Starts a New Zirconia Manufacturing Plant

Shanghai Zhenrong Chemical Industrial Forms Joint Venture with Saint Gobain

Cotter Teams up with CMS Energy

Altair and CMS Sign Joint Agreement

Tosoh to Double Capacity at Nanyo, Japan

Jiangzi Anyi County Establishes New Zirconium Oxychloride Unit

Tekhnotsentr to Develop Zirconium-Titanium Deposit in Stavropol Region

Jiangxi Jing'an Science & Technology Establishes Zirconium Oxide Production Line

Millennium Acquires Hanwha Chemical’s Zirconia Business

Nippon Denko Expands Zirconium Oxide Capacity

NFC Produces 200,000 Zircalloy-Clad Natural Uranium Oxide Fuel Bundles

5. Technological Developments

Zirconium Oxygen Sensors

Air/Fuel Sensor

Zirconium-Ceramic

Flap Discs

Zirconia-Based Phases for Ion-Exchange Chromatography

6. Focus on Select Players

Alkane Resources Ltd. (Australia)

Allegheny Technologies, Inc. (USA)

Wah Chang (USA)

Anglo American Plc (UK)

Namakwa Sands Ltd (South Africa)

China Zirconium (China)

Astron Ltd (Australia)

Astron Advanced Materials Ltd (China)

Australian Zircon NL (Australia)

Bemax Resources Limited (Australia)

E.I DuPont (USA)

Foskor Ltd. (South Africa)

Iluka Resources Limited (Australia)

Exxaro Resources Ltd (South Africa)

Luxfer Group (USA)

Neo Material Technologies Inc (Canada)

Rio Tinto Plc (UK)

Richards Bay Minerals (South Africa)

Tosoh (Japan)

7. Global Market Perspective

Table 8: World Recent Past, Current & Future Analysis for Zirconium by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 9: World Long term Projections for Zirconium by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 10: World Historic Review for Zirconium by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 11: World 20-Year Perspective for Zirconium by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

Table 12: World Recent Past, Current & Future Analysis for Zirconium Consumption in Ceramics by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 13: World Long-term Projections for Zirconium Consumption in Ceramics by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 14: World Historic Review for Zirconium Consumption in Ceramics by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 15: World 20-Year Perspective for Zirconium Consumption in Ceramics by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

Table 16: World Recent Past, Current & Future Analysis for Zirconium Consumption in Refractories by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 17: World Long-term Projections for Zirconium Consumption in Refractories by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 18: World Historic Review for Zirconium Consumption in Refractories by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 19: World 20-Year Perspective for Zirconium Consumption in Refractories by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

Table 20: World Recent Past, Current & Future Analysis for Zirconium Consumption in Foundries by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 21: World Long-term Projections for Zirconium Consumption in Foundries by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 22: World Historic Review for Zirconium Consumption in Foundries by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 23: World 20-Year Perspective for Zirconium Consumption in Foundries by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

Table 24: World Recent Past, Current & Future Analysis for Zirconium Consumption in TV Glass by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 25: World Long-term Projections for Zirconium Consumption in TV Glass by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 26: World Historic Review for Zirconium Consumption in TV Glass by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 27: World 20-Year Perspective for Zirconium Consumption in TV Glass by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

Table 28: World Recent Past, Current & Future Analysis for Zirconium Consumption in Other Applications by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 29: World Long-term Projections for Zirconium Consumption in Other Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 30: World Historic Review for Zirconium Consumption in Other Applications by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 31: World 20-Year Perspective for Zirconium Consumption in Other Applications by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

III. MARKET

1. The United States

A. Market Analysis

Outlook

Production

Table 32: US Production of Milled Zircon and Zirconium Oxide (2000-2004) (Volume in Metric Tons) (includes corresponding Graph/Chart)

Prices

Table 33: US Zircon (ZrO2) (2000 - 2005 E) Prices (includes corresponding Graph/Chart)

Imports/Exports Scenario

Table 34: Import Sources of Unwrought Zirconium by Country: 2005 (includes corresponding Graph/Chart)

Table 35: US Imports of Zirconium ores and concentrates (2001-2004) Percentage Breakdown for Australia, South Africa and Others (includes corresponding Graph/Chart)

Table 36: US Imports of Zirconium, Unwrought Including Powder (2002-2003) Percentage Breakdown for Germany, China, Japan and Others (includes corresponding Graph/Chart)

Table 37: US Zircon (ZrO2) Imports (2001 - 2005 E) in Metric tons (includes corresponding Graph/Chart)

Table 38: US Zircon (ZrO2) Exports (2000 - 2005 E) in Metric tons (includes corresponding Graph/Chart)

Table 39: US Zirconium Exports by Class (2004 & 2005) in Metric tons

Table 40: Imports for Consumption of Zirconium by Class (2004 & 2005) in Metric Tons

Key Players

Allegheny Technologies, Inc

Wah Chang

E.I Dupont

Luxfer Group

Strategic Corporate Developments

B. Market Analytics

Table 41: US Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 42: US Long-Term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 43: US Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 44: US 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

2. Canada

A. Market Analysis

Outlook

Key Player

Neo Material Technologies Inc

Strategic Corporate Developments

B. Market Analytics

Table 45: Canadian Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 46: Canadian Long-Term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 47: Canadian Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 48: Canadian 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

3. Japan

A. Market Analysis

Outlook

Key Player

Tosoh Corporation

Historic Strategic Developments

B. Market Analytics

Table 49: Japanese Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 50: Japanese Long-Term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 51: Japanese Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 52: Japanese 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

4. Europe

A. Market Analysis

Outlook

Major Consumers

B. Market Analytics

Table 53: European Recent Past, Current & Future Analysis for Zirconium by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 54: European Long-term Projections for Zirconium by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed by Annual Sales for the years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 55: European Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 56: European Long-term Projections for Zirconium by End-Use Segment - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed by Annual Sales for the years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 57: European Historic Review for Zirconium by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 58: European Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 59: European 20-Year Perspective for Zirconium by Geographic Region - Percentage Breakdown of Volume Sales for France, Germany, Italy, UK and Rest of Europe Markets for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

Table 60: European 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

4a. France

Market Analysis

Table 61: French Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 62: French Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 63: French Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 64: French 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

4b. Germany

Market Analysis

Table 65: German Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 66: German Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 67: German Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 68: German 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

4c. Italy

Market Analysis

Table 69: Italian Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 70: Italian Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 71: Italian Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 72: Italian 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

4d. The United Kingdom

A. Market Analysis

Outlook

Key Players

Anglo American Plc

Rio Tinto

Historic Strategic Development

B. Market Analytics

Table 73: UK Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 74: UK Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Salesfor the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 75: UK Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 76: UK 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

4e. Rest of Europe

A. Market Analysis

Outlook

Strategic Corporate Developments

B. Market Analytics

Table 77: Rest of Europe Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 78: Rest of Europe Long-term Projections for Zirconium by End-UseSegment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 79: Rest of Europe Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 80: Rest of Europe 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

5. Asia-Pacific

A. Market Analysis

Outlook

Australia - A Major Producer

B. Market Analytics

Table 81: Asia-Pacific Recent Past, Current & Future Analysis for Zirconium by Geographic Region - China and Rest of Asia-Pacific Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 82: Asia-Pacific Long-term Projections for Zirconium by Geographic Region - China and Rest of Asia-Pacific Markets Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 83: Asia-Pacific Historic Review for Zirconium by Geographic Region - China and Rest of Asia-Pacific Markets Independently Analyzed by Annual Sales for the years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 84: Asia-Pacific 20-Year Perspective for Zirconium by Geographic Region - Percentage Breakdown of Volume Sales for China and Rest of Asia-Pacific Markets for the years 1991, 1997, 2007 and 2010

Table 85: Asia-Pacific Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 86: Asia-Pacific Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 87: Asia-Pacific Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 88: Asia-Pacific 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

5a. China

A. Market Analysis

Outlook

Trends

Table 89: China Zirconium Production in Tons: 1997- 2004 -By Volume and Value (Thousand, US$) (includes corresponding Graph/Chart)

Strategic Corporate Developments

Focus on Key Players

China Zirconium Limited

Astron Advanced Materials Ltd

B. Market Analytics

Table 90: Chinese Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 91: Chinese Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 92: Chinese Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 93: Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

5b. Rest of Asia-Pacific

A. Market Analysis

Outlook

Key Players

Alkane Resources Ltd. (Australia)

Astron Ltd (Australia)

Australian Zircon NL (Australia)

Bemax Resources Limited (Australia)

Iluka Resources Limited (Australia)

Strategic Corporate Developments

B. Market Analytics

Table 94: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 95: Rest of Asia-Pacific Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 96: Rest of Asia-Pacific Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 97: Rest of Asia-Pacific 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the Years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

6. Rest of World

A. Market Analysis

Outlook

South Africa

Key Players

Foskor Ltd (South Africa)

Exxaro Resources Ltd (South Africa)

Namakwa Sands Ltd (South Africa)

Richards Bay Minerals (South Africa)

B. Market Analytics

Table 98: Rest of World Recent Past, Current & Future Analysis for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 2001 through 2010 in Thousand MetricTons (includes corresponding Graph/Chart)

Table 99: Rest of World Long-term Projections for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Salesfor the Years 2011 through 2015 in Thousand Metric Tons (includes corresponding Graph/Chart)

Table 100: Rest of World Historic Review for Zirconium by End-Use Segment - Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications Independently Analyzed by Annual Sales for the Years 1991 through 2000 in Thousand Metric Tons (includes correspondingGraph/Chart)

Table 101: Rest of World 20-Year Perspective for Zirconium by End-Use Segment - Percentage Breakdown of Volume Sales for Ceramics (Tiles, Tableware and Sanitaryware), Refractories, Foundries, TV Glass and Other Applications for the years 1991, 1997, 2007 and 2010 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE