QIT-Fer et Titane exploits an ilmenite deposit at Lac Tio, near Havre-Saint-Pierre, Quebec, and operates a metallurgical complex in Sorel-Tracy, Quebec, where high-quality titanium dioxide, pig iron and steel are extracted from this ore.

Furthermore, Quebec Metal Powders (QMP), a company affiliated with QIT that operates within the metallurgical complex, produces iron and metal powders.

With sales reaching $900 million in 2000, QIT employs nearly 2000 people and has business ties with 2500 suppliers, making it a major player in the Quebec economy. In fact, the company has invested more than $1 billion in Quebec over the last decade. It also plays a key role in Canadian exports, since most of its production is destined for foreign markets.

QIT-Fer et Titane is a wholly owned subsidiary of the British-Australian Rio Tinto, group, one of the largest mining companies in the world.