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| TABLE 2 | ||||||
| PUBLISHED YEAREND PRICES OF ZIRCONIUM AND HAFNIUM MATERIALS | ||||||
| Specification of material | 2006 | 2007 | ||||
| Zircon: | ||||||
| Domestic, standard-grade, bulk1 | dollars per metric ton | 785 | � | 763 | ||
| Imported sand, free on board, bulk2 | do. | 700-775 | 725-800 | |||
| Baddeleyite, contract price, cost, insurance, and freight main European port:2 | ||||||
| Refractories/abrasive grade | do. | 2,200-2,600 | 2,200-2,800 | |||
| Ceramic grade (98% zirconium oxide and hafnium oxide) | do. | 2,800-3,200 | 2,800-3,200 | |||
| Zirconium oxide lot size of 1 to 10 metric tons3 | �do. | NA | 6,480-12,200 | |||
| do. Ditto. NA Not available. | ||||||
| 1Domestic average price. | ||||||
| 2Source: Industrial Minerals. | ||||||
| 3Source: Stanford Materials Corp. | ||||||
Source: United States Geological Survey Mineral Resources Program