Zircon Market Supply/Demand
Zircon demand has been growing steadily and pricing has more than doubled since 2002. In 2007, demand was driven by ceramics and the specialty chemicals end-use markets, which includes fused and chemical zirconia. The demand growth came from Asia, the Middle East and South America. The price of zircon has increased from approximately US$299 per tonne in 2002 to around US$800 per tonne in 2008. End use demand for zircon remains robust.