Invest in Titanium - IQS Newsroom (2024)

FAQs

Can I invest in titanium? ›

So although there is not much money to be made investing in this unusual white metal, people still remain fascinated by it. If you want to collect it, the main sources to concentrate on are aerospace scrap, medical scrap (like testing supplies), paints and coatings, and titanium rings and watch cases.

VSMPO-AVISMA Corporation (Russian: ВСМПО-АВИСМА) is the world's largest titanium producer. Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany, United States and poselok Beryozovsky. The company produces titanium, aluminum, magnesium and steel alloys.

China is the global leader in the production of titanium metal.

The global titanium market is valued at US$ 28 billion in 2023 and is predicted to increase at a CAGR of 6.5% to reach a market valuation of US$ 52.5 billion by the end of 2033.

In 2021, China continued to be the leading producer and consumer of titanium mineral concentrates, accounting for 37% of global production of ilmenite.

Disadvantages of Titanium

The primary disadvantage of Titanium from a manufacturing and engineering perspective is its high reactivity, which means it has to be managed differently during all stages of its production. Impurities introduced during the Kroll process, VAR or machining were once near impossible to remove.

The U.S. does not maintain a supply of titanium in the National Defense Stockpile and is 91 percent reliant on imports from Japan, Kazakhstan, Ukraine, China, Russia, where significant ilmenite deposits exist. In the United States, titanium is mined in smaller amounts in Nevada and Utah.

United States Imports from Russia of Titanium was US$63.32 Million during 2022, according to the United Nations COMTRADE database on international trade. United States Imports from Russia of Titanium - data, historical chart and statistics - was last updated on May of 2023.

Boeing relies heavily on Russia's VSMPO-AVISMA (VSMO.MM) for the supply of titanium, a lightweight but strong metal that is used widely in planemaking.

Why is titanium so cheap now? ›

Why Are Titanium Rings So Cheap? Because it's a natural metal that's abundant, and also because it's relatively easy to manufacture compared to other metals, titanium is much cheaper than gold, platinum, and similar precious metals.

Ilmenite accounted for over 90 percent of the overall titanium production from mines worldwide that year. In addition to being the world's largest titanium producing country, China also has the.

$0.35/lb These prices are current as of today's date and are subject to change, at any time due to outstanding market conditions.

Titanium is expected to trade at 7.20 USD/KG by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.37 in 12 months time.

Roughly 100,000 metric tons of titanium mineral concentrates were produced in the United States during 2019. This production came from mining and tailings in Florida and Georgia.

Domestic production of TiO2 pigment in 2021 was estimated to be about 1.1 million tons. Although heavily reliant on imports of titanium mineral concentrates, the United States was a net exporter of TiO2 pigments.

The principal sources of titanium are two ores, rutile and ilmenite. Significant titanium-bearing ilmenite deposits, which makes up around 90% of production, are found in South Africa, Australia, Canada, China, Norway, Sierra Leone, India and Mozambique, while Russia has low titanium mineral reserves.

Russia is the third-largest producer of titanium globally, according to the U.S. Geological Survey, accounting for between 15% and 20% of total output. China is the largest producer, at more than half, while Japan is the second-largest.

In fact, the cost of making titanium is about six times greater than that of stainless steel. As a result, its uses have remained limited to specialty parts for aerospace, high-end items like jewelry or other niche applications. What's more, pure titanium has only moderate strength, Minor explains.

Naturally, titanium has an extremely high melting point. This makes it very hard to machine or process titanium compared to steel. The metal has multiple alloys with iron, aluminum, and various other metals.

Why isn't titanium widely used? ›

Despite its superior properties and natural edge over other metals, titanium isn't as widespread as stainless steel and aluminum, largely due to its high costs of production.

As the ninth-most abundant element in the Earth's crust, titanium is relatively rare. Research shows the strong and lightweight metal only accounts for roughly 0.63% of the Earth's crust. With such little titanium available, it costs more to harvest and produce than other metals.

VSMPO-AVISMA Corporation is the largest titanium producer in the world. It is located in Verkhnyaya Salda, Russia, about 1,800 km east of Moscow and around 550 km from the border with Kazakhstan. It produces titanium sponge and converts it into ingots. These ingots are in turn converted to billets or slabs.

About 210,000 tonnes of titanium metal sponge were produced in 2020, mostly in China (110,000 t), Japan (50,000 t), Russia (33,000 t) and Kazakhstan (15,000 t). Total reserves of anatase, ilmenite, and rutile are estimated to exceed 2 billion tonnes. The concentration of titanium is about 4 picomolar in the ocean.

“Our supplier, Titanium Metals Corporation, had only limited reserves of the precious alloy, so the CIA conducted a worldwide search and using third parties and dummy companies, managed to unobtrusively purchase the base metal from one of the world's leading exporters – the Soviet Union.

The titanium supply chain crisis: how it began and what it means for aerospace. The Aerospace industry is currently facing a titanium supply shortage after international sanctions were placed on Russia following its invasion of Ukraine.

Examples of titanium usage include NASA's International Space Station and the Boeing 737 Dreamliner which is made up of 15 percent titanium materials.

Grade 4 titanium is the strongest pure grade titanium, but it is also the least moldable. Still, it has a good cold formability, and it has many medical and industrial uses because of its great strength, durability and weldability. Grade 4 titanium is most commonly found in: surgical hardware.

The largest Ti producers in the world are China, Australia, and South Africa (Figure 4). China produces ilmenite in significant quantities, while Australia and South Africa have the world's largest natural reserves for ilmenite and rutile [7,21].

TIMET will continue to be the primary supplier of Rolls-Royce's titanium requirements for its gas turbine engines.

Is Boeing still buying titanium from Russia? ›

Boeing Co. has halted titanium purchases from Russia while rival Airbus SE continues to source from the country, highlighting the uncertain path for aerospace manufacturers following the invasion of Ukraine.

Shaanxi Lasting Titanium Industry Co., Ltd. is a one of the largest manufacturer and exporter of all kinds of titanium and titanium alloy products in China .

Tungsten vs Titanium

As mentioned above, tungsten is the strongest of any natural metal (142,000 psi). But in terms of impact strength, tungsten is weak — it's a brittle metal known to shatter on impact. On the other hand, Titanium has a tensile strength of 63,000 psi.

Tungsten, which is Swedish for "heavy stone," is the strongest metal in the world. It was identified as a new element in 1781. It is commonly used to make bullets and missiles, metal evaporation work, manufacturing of paints, creating electron and Television tubes, and making glass to metal seals.

While titanium is one of the most abundant metals found on the earth's surface, platinum is quite rare. This rarity makes platinum extremely valuable.

These titanium-rich areas on the moon puzzled the researchers. The highest abundance of titanium in similar rocks on Earth hovers around 1 percent or less, the scientists explained. The new map shows that these troves of titanium on the moon range from about 1 percent to a little more than 10 percent.

About. Overview In February 2023 United States' Titanium Ore exports accounted up to $8.02M and imports accounted up to $31.3M, resulting in a negative trade balance of $23.3M.

In terms of price, silver tends to be slightly less expensive than titanium. However, it should be noted that the quality of both materials will vary depending on where they were sourced from and how they were manufactured.

Titanium is highly valued in the metals industry for its high tensile strength, as well as its light weight, corrosion resistance, and ability to withstand extreme temperatures. It's as strong as steel but 45% lighter, and twice as strong as aluminum but only 60% heavier.

Is titanium the metal of future? ›

EXPLANATION: As per the above discussion titanium is the metal of the future because it is comparatively more useful and efficient compared to steel, copper, iron, etc. Titanium is also called the metal of hope.

Pure titanium is resistant to rusting and corrosion from liquids including chemicals, acids, and saltwater as well as various gases because of its oxide barrier.

High-quality titanium can last up to 20 years or more when properly cared for and used in appropriate applications. For example, if you use titanium rods in a marine application, they will require regular maintenance, such as cleaning and inspection, to ensure that they remain corrosion-free.

So although there is not much money to be made investing in this unusual white metal, people still remain fascinated by it. If you want to collect it, the main sources to concentrate on are aerospace scrap, medical scrap (like testing supplies), paints and coatings, and titanium rings and watch cases.

Another day, another announcement for an initial public offering. This time, the company with plans to go public is Norwegian firm Norsk Titanium, which listed on the Euronext Growth Oslo market on May 18, 2021 under the ticker symbol NTI.

Titanium ores and concentrates are the world's 1171st most traded product. In 2021, the top exporters of Titanium ores and concentrates were South Africa ($501M), Mozambique ($339M), Sierra Leone ($212M), Norway ($208M), and Australia ($199M).

Because it's a natural metal that's abundant, and also because it's relatively easy to manufacture compared to other metals, titanium is much cheaper than gold, platinum, and similar precious metals.

United States Imports from Russia of Titanium was US$63.32 Million during 2022, according to the United Nations COMTRADE database on international trade. United States Imports from Russia of Titanium - data, historical chart and statistics - was last updated on May of 2023.

It's not super likely we'll run out of titanium soon but if we did, there are a few other sources we could turn to. For example, there's an exoplanet light years away orbiting another sun called “WASP-19b” that has a titanium dioxide atmosphere!

The U.S. does not maintain a supply of titanium in the National Defense Stockpile and is 91 percent reliant on imports from Japan, Kazakhstan, Ukraine, China, Russia, where significant ilmenite deposits exist. In the United States, titanium is mined in smaller amounts in Nevada and Utah.

What company mines the most titanium? ›

Chemours, fresh off a settlement involving manufacturing of toxic fluoroproducts, is the world's largest producer of titanium dioxide, with over 1.25 million metric tons of annual manufacturing capacity that serves over 800 customers.

The titanium supply chain crisis: how it began and what it means for aerospace. The Aerospace industry is currently facing a titanium supply shortage after international sanctions were placed on Russia following its invasion of Ukraine.

In vacuum-like environments, where oxygen is limited, titanium will corrode and rust quickly. Pure titanium that is completely rust and corrosive resistant, however, is rare and hard to find and produce.

1. RHODIUM: TOP MOST VALUABLE METAL. Rhodium is the most valuable metal and exists within the platinum group of metals. It is used in jewelry for a final finish on white gold jewelry.

A: Titanium sells currently at $5.64/Troy Ounce.

Boeing is getting about one third of its titanium from Russia, a company spokesman confirmed with Barron's in an emailed statement, adding “our inventory and diversity of titanium sources provide sufficient supply for airplane production.” Titanium inventory on hand helps.

China was leading producer of titanium minerals globally in 2022.