Ferric oxide (Fe2O3) and titanium dioxide (TiO2) are important materials in various industries, including steel production and cosmetics, with projected market growth rates of 4.99% and 8.7%, respectively. Methods for recovering these materials from bauxite processing waste include smelting, solid-state reduction, and hydrometallurgical techniques, each with its own advantages and challenges. The document discusses the operational, financial, and market considerations for establishing a manufacturing plant focused on the recovery of Fe2O3 and TiO2, highlighting the demand for these compounds in diverse applications.