Osaka Titanium Boosts Expansion Budget to ¥39B Amid Rising Costs, Aims for 2027 Completion

Published: Mar 19, 2026 10:21

Save

[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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Chaoyang Jinda Completes 20,000-ton Aerospace-Grade Sponge Titanium Project, Aims for 2028 Full Operation

[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.

Common.Time.minsAgo

Common.Time.hoursAgo

Imported Titanium Ore Market Under Pressure, Sluggish Port Sales Forced Traders to Cut Prices for Shipments [SMM Titanium Spot Flash Report]

[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.

Common.Time.hoursAgo

Sovereign Metals Inks MOU with Mitsui for Malawi Rutile Supply, Strengthening Global Titanium Chain

[SMM Titanium Express] Sovereign Metals signed an MOU with Mitsui & Co. for the sale of natural rutile from its Kasiya Project in Malawi. The initial four-year supply period contemplates up to 70,000 tpa of rutile concentrate with TiO₂ >95%. Japan is the world's second-largest titanium metal producer, supplying over 70% of U.S. titanium sponge imports. The cooperation aligns with recent U.S.-EU-Japan critical minerals supply chain initiatives, highlighting rutile's strategic value as feedstock for high-end titanium applications.

Common.Time.hoursAgo