MONTREAL, July 29, 2014 /CNW Telbec/ - Argex Titanium Inc. (TSX: RGX) ("Argex" or the "Company") announced today that it has issued Invitations to Bid (ITBs) to three global Engineering-Construction (E/C) firms for the construction of Argex's first industrial scale 50,000 tonne per annum Titanium Dioxide (TiO2) plant. The pre-qualified E/C firms have each successfully executed Engineering, Procurement and Construction (EPC) projects for chemical and industrial facilities, from front end engineering design stage to successful completion including commissioning of these facilities.

Argex has selected Salaberry-de-Valleyfield, Quebec, for the location of its plant. The plant will be located near the Port of Valleyfield and an existing comprehensive railway infrastructure conveniently linking Argex's future plant to suppliers and customers in the North American market.

About Argex Titanium Inc.

ARGEX Titanium Inc. is a near-term producer of Titanium Dioxide (TiO2) pigment. With a primary goal of advancing rapidly towards production, Argex has adopted a simple and low-risk strategy for the scale-up of its proprietary process.