China's Sponge Titanium Output Rises, Prices Drop Amid Weak Demand and High Inventories

[SMM Titanium Flash]According to foreign media reports, Morocco's TitanBeach titanium heavy mineral sands project has achieved a breakthrough. The mining license for the core mining area has been officially approved, and the joint venture structure and engineering development agreement have been fully implemented. The project covers an area of 192 square kilometers, and preliminary exploration shows that the titanium dioxide content can reach up to 14.9%. The project will be advanced in stages, with the construction of a pilot mineral processing plant first, followed by the planning of commercial facilities. The development of this project is expected to help extend Morocco's aviation manufacturing industry chain towards the titanium raw material end, strengthening its key mineral supply capabilities.

[SMM Titanium Flash]According to statistics from the General Administration of Customs, China's total imports of titanium concentrate in July 2026 amounted to 347,000 tons, marking a month-on-month decrease of 0.95%. From January to July, the total imports of titanium concentrate reached 3.276 million tons, representing a year-on-year increase of 12.24%. Exports of titanium sponge in July amounted to 572 tons, marking a month-on-month decrease of 37.14%. From January to July, cumulative exports of titanium sponge totaled 4,423 tons, representing a year-on-year increase of 9.05%. In July, exports of titanium dioxide totaled 144,000 tons, marking a month-on-month decrease of 22.07%. From January to July 2026, cumulative exports of titanium dioxide amounted to 1.213 million tons, representing a year-on-year increase of 15.36%.

The China sulphuric acid market remains weak, with the price center continuing to decline [SMM Sulphuric Acid Weekly Review]