The average cost of leucoxene is $150.00-300.00 per ton. It is a fine, granular alteration product of titanium minerals consisting mainly of rutile or anatase. It is formed through extensive weathering of ilmenite and possesses higher titanium dioxide content. It is used in welding electrodes. It varies in color from yellow to brown. It is found in some igneous rocks and iron ore deposits. It occurs extensively in countries like Australia, South Africa and USA. It is also used as an opacifier in house and car paints, sunscreens, plastics, paper and textiles.