Offers of Minor Metals in Europe (2017-11-08）

[SMM Titanium Spot Flash Report: Titanium Dioxide Market in the Doldrums, Whether Enterprise Price Adjustment Can Boost Sentiment Remains to Be Seen ] On August 26, SMM reported: The titanium dioxide market remained weak today. The supply side had high operation rates, heavy inventory pressure, and the existence of low-price cargoes. On the demand side, downstream only purchased for just-needed, with heavy wait-and-see sentiment.

In late May, driven by news stimulus and expectations for future demand, tantalum prices once rallied sharply, with tantalum ore prices surging to 240–245 US dollars per ton-unit.

Zimbabwe's chrome production fell 61.7% year-on-year in Q1 2026, dropping to 178,425 mt from 465,638 mt in the prior-year period, according to the country's Ministry of Mines and Mining Development. The decline ranks among the steepest recorded across Zimbabwe's major minerals for the quarter. The Chrome Miners Association of Zimbabwe attributes the contraction to the exhaustion of alluvial chrome deposits, the loose, near-surface sediment that has historically supplied the bulk of the country's output and underpinned its artisanal and small-scale mining sector. Association chairperson Shelton Lucas said replenishment of these deposits occurs only through slow sedimentary processes, leaving no near-term prospect of alluvial supply recovering to prior levels. With alluvial sources depleting, Zimbabwean miners are increasingly turning to lumpy chrome locked in hard-rock formations, a resource that demands drilling, blasting, crushing and greater mechanization to extract. That shift raises the capital and cost threshold for participation in a sector still dominated by small-scale operators, positioning the pace and terms of Zimbabwe's transition to hard-rock mining as a key swing factor for the country's chrome supply going forward.