Anning Co. to Issue RMB 2.5B in Bonds for Titanium and Iron Ore Projects Expansion

【SMM Titanium Flash】According to a filing by the Fu'an Development and Reform Bureau, stainless steel giant Tsingshan (Qingtuo Group) plans to invest RMB 1.2 billion to expand its titanium business. The project targets an annual capacity of 150,000 tonnes of titanium and titanium alloy plates/strips. Located within the existing plant area, the project covers 70,000 sqm and includes 50,000 sqm of new workshops and supporting facilities. Key investments include the procurement of precision cold-rolling mills and ancillary equipment, with installation costs reaching RMB 100 million. The construction period is set from October 2026 to December 2029. This move signifies Tsingshan's aggressive push into the high-end titanium sector, leveraging its integrated "raw material-smelting-processing

【SMM Titanium Flash】 Australia's Sheffield Resources reported a significant production boost at its Thunderbird mineral sands project in Western Australia for May. Ore mined exceeded 1 million tonnes, yielding approximately 60,000 tonnes of ilmenite and 16,500 tonnes of zircon, marking a substantial increase compared to March. The improvement is attributed to better equipment availability (DMUs and bulldozers), optimized processing parameters, and the operational separation of mining units. Executive Chairman Bruce Griffin stated that these changes are positively impacting performance, with ongoing optimization plans aimed at ensuring stable, long-term output growth and strengthening the company's titanium and zircon supply capabilities.

【SMM Titanium Flash Analysis】Airbus has signed a new Collaboration Agreement with Norway's Norsk Titanium to deepen the industrialization of Rapid Plasma Deposition (RPD) technology. The partnership targets fatigue-critical structural components, moving beyond simple prototypes to certified serial production.