Hunan Launches 100,000-Ton Titanium Project, Accelerating Domestic Aerospace and New Energy Material Substitution

Published: Jul 22, 2026 13:05

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[SMM Titanium Flash News] Yesterday, according to industry media reports, the first phase of the annual 100,000-ton high-performance titanium and composite materials project by Hunan Hongwang Titanium Materials Technology Co., Ltd. was launched in Loudi. This project is one of the top ten industrial projects in Hunan Province for 2026, with production capacity for 30,000 tons of titanium ribbon, 50,000 tons of titanium-aluminum composite materials, and 20,000 tons of pure titanium and titanium-aluminum composite discs, filling the gap in large-scale production of high-end titanium ribbon and composite materials within the province. Meanwhile, Hongwang Group has secured vanadium-titanium magnetite mining rights in Tanzania, Africa, and plans to invest 3.5 billion yuan to establish an overseas raw material base, forming a full-chain layout of "overseas resources—local processing—domestic market." With both resource and processing ends connected, the domestic substitution process of titanium materials in aerospace, new energy, and other fields is expected to further accelerate.

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