A Rs. 1.7 billion titanium sponge plant at Kollam in the Indian state of Kerala is expected to be commissioned in July. The plant is being set up by Kerala Minerals and Metals Ltd and is funded by the Indian Space Research Organisation (ISRO)and will have an annual capacity of 500 tonnes a year.
On completion India will then become the world's fifth-largest producer of titanium sponge, a material used in the defence and space industries.
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