BusinessEmpire Metals Upgrades Pitfield to 8.16 Billion Tonnes TiO2, World’s Largest Titanium Resource
Empire Metals announced an upgraded Mineral Resource Estimate at Pitfield in Western Australia totaling 8.16 billion tonnes at 4.3% TiO2, including the first Measured Resource, reinforcing the project as the world’s largest titanium resource with near-surface high-grade zones and a conventional processing path. While this strengthens Pitfield’s development case and potential tier-one status, the company remains unprofitable with no revenue and depends on external financing, keeping investors focused on funding conditions and the stock’s performance.