Almonty Completes Phase 1 at Sangdong Tungsten Mine, Targets Doubling Output by 2027

[SMM Titanium Express] Chaoyang Jinda Titanium's 20,000-ton aerospace-grade sponge titanium project has completed structural work and entered equipment installation. Upon full commissioning in 2028, high-end sponge titanium capacity will exceed 50,000 tpa, with magnesium capacity reaching 40,000 tpa and titanium tetrachloride capacity 180,000 tpa. The facility incorporates waste heat recovery and digital control systems, reducing energy consumption by over 15% below industry average, strengthening domestic supply security for aerospace-grade titanium feedstock.

[SMM Titanium Spot Flash: Imported Titanium Ore Market Remained Under Pressure, Sluggish Port Sales Forced Traders to Cut Prices for Shipments] SMM News, March 19: Imported titanium ore prices remained under pressure today. Quotations for Mozambique-origin titanium concentrate with TiO₂≥46% were 1,670-1,730 yuan/mt, down 30 yuan from yesterday; quotations for Nigeria-origin titanium concentrate with TiO₂≥50% were 1,780-1,830 yuan/mt, down 25 yuan from yesterday; quotations for Australia-origin titanium concentrate with TiO₂≥50% were 1,830-1,880 yuan/mt, down 25 yuan from yesterday.

[SMM Titanium Express] Osaka Titanium Technologies has revised its sponge titanium capacity expansion budget at its Amagasaki plant from approx ¥33 billion to ¥39 billion, reflecting higher construction materials, equipment and labor costs. The project remains on schedule for completion within fiscal year 2027 with construction progressing as planned. The company emphasizes strict cost control, positioning the investment to expand its titanium business and strengthen its strategic industry position.