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.
Showing posts with label Titanium Sponge. Show all posts
Showing posts with label Titanium Sponge. Show all posts
Thursday, March 11, 2010
Thursday, February 25, 2010
China Non-Ferrous Metals Output Up 4 Per Cent In 2009
China’s non-ferrous metal output rose by 4 per cent in 2009 to hit 26.05 million tonnes, according to figures from the China Nonferrous Metals Industry Association.
Refined copper output was 4.11 million tons while virgin aluminium production stood at 12.85 million tons; in addition there was output of 3.71 million tons for lead, 4.36 million tons of zinc, 164,800 tons of nickel, 134,500 tons of tin, 165,800 tons of antimony, 500,800 tons of magnesium and 61,500 tons of titanium sponge.
However, the trade in non-ferrous metals fell in 2009 as a result of the crash in global commodities prices. Trade stood at US$83.2 billion, down 11.27% year on year.
Between them, ten regions of China, including Henan Province, Inner Mongolia Autonomous Region and Anhui Province, each produced more than one million tonnes of non-ferrous metals. Total output for these ten regions amounted to 18.78 million tonnes, 72.1% of the national total. Zhejiang Province plans to have five nonferrous metal producers with annual sales revenue exceeding RMB 10 billion each in the next three years.
Refined copper output was 4.11 million tons while virgin aluminium production stood at 12.85 million tons; in addition there was output of 3.71 million tons for lead, 4.36 million tons of zinc, 164,800 tons of nickel, 134,500 tons of tin, 165,800 tons of antimony, 500,800 tons of magnesium and 61,500 tons of titanium sponge.
However, the trade in non-ferrous metals fell in 2009 as a result of the crash in global commodities prices. Trade stood at US$83.2 billion, down 11.27% year on year.
Between them, ten regions of China, including Henan Province, Inner Mongolia Autonomous Region and Anhui Province, each produced more than one million tonnes of non-ferrous metals. Total output for these ten regions amounted to 18.78 million tonnes, 72.1% of the national total. Zhejiang Province plans to have five nonferrous metal producers with annual sales revenue exceeding RMB 10 billion each in the next three years.
Monday, February 1, 2010
POSCO Signs Kazakhstan Titanium Sponge JV
POSCO has signed a joint venture agreement with Kazakhstan titanium sponge manufacturer UKTMP to produce titanium slabs.
According to the agreement, POSCO and UKTMP will each invest 50% to establish an industrial pure titanium slab plant in the Eastern Kazakhstan region of Ust-Kamenogorsk. Construction will start in the latter half of this year with completion in 2012.
Titanium sponge, the material needed to manufacture titanium slabs, will be supplied by UKTMP, while POSCO will use the slabs manufactured at the plant to produce sheets to sell on to clients.
According to the agreement, POSCO and UKTMP will each invest 50% to establish an industrial pure titanium slab plant in the Eastern Kazakhstan region of Ust-Kamenogorsk. Construction will start in the latter half of this year with completion in 2012.
Titanium sponge, the material needed to manufacture titanium slabs, will be supplied by UKTMP, while POSCO will use the slabs manufactured at the plant to produce sheets to sell on to clients.
Tuesday, December 15, 2009
RTI Mothballs Mississippi Titanium Sponge Plans
RTI International Metals Inc. said it has indefinitely idled plans to build a $300 million titanium sponge plant in Hamilton, Miss. As a result, RTI will incur asset impairment and related charges in the range of $65 million to $75 million, the company said.
In addition, RTI also has entered into two additional long-term titanium sponge-supply agreements with Toho Titanium Co., Ltd. and OSAKA Titanium technologies Co., Ltd., both of Japan.
Dawne S. Hickton, vice chairman, chief executive officer and president, said that “taken together with our existing long-term agreement with OTC, which runs through 2016, these contracts, which commence in 2012 and 2013, will provide to RTI a cost-effective source of titanium sponge from proven suppliers through 2021 with volume flexibility that we believe will adequately support our long-term titanium supply needs.”
With headquarters in Pitts-burgh, RTI has a plant in Weathersfield Township.
Source: Vindy
In addition, RTI also has entered into two additional long-term titanium sponge-supply agreements with Toho Titanium Co., Ltd. and OSAKA Titanium technologies Co., Ltd., both of Japan.
Dawne S. Hickton, vice chairman, chief executive officer and president, said that “taken together with our existing long-term agreement with OTC, which runs through 2016, these contracts, which commence in 2012 and 2013, will provide to RTI a cost-effective source of titanium sponge from proven suppliers through 2021 with volume flexibility that we believe will adequately support our long-term titanium supply needs.”
With headquarters in Pitts-burgh, RTI has a plant in Weathersfield Township.
Source: Vindy
Monday, January 26, 2009
Allegheny Technologies Q4 Profits Down 23.5 Percent
A combination of negative economic events has pulled down Q4 2008 profits at speciality metals producer Allegheny Technologies Incorporated by 25.5% to $110.9 million, compared with $148.9 million year-on-year.
The Pittsburgh-based company said it expects 2009 capital expenditures to be about $450 million, down from an initial announcement of $600 million. The change is due to plans to revise project schedules in light of the economy.
The company's grassroot premium titanium sponge facility in Utah is now expected to start up in late 2009, said L. Patrick Hassey, Chairman, CEO and President.
The Pittsburgh-based company said it expects 2009 capital expenditures to be about $450 million, down from an initial announcement of $600 million. The change is due to plans to revise project schedules in light of the economy.
The company's grassroot premium titanium sponge facility in Utah is now expected to start up in late 2009, said L. Patrick Hassey, Chairman, CEO and President.
Wednesday, January 14, 2009
Panzhihua On Track With Titanium Concentrate Expansion
The Panzhihua Steel Group is looking to complete a CNY 290 million project titanium concentrate capacity expansion project by the end of August.
The project, which began last September will enhance Pangang’s titanium ore output from 300,000 tonnes per year to 470,000 tonnes per year to become the largest domestic Titanium raw material base.
Recent projects have included a titanium sponge project and a 180,000 tonnes per year titanium-rich slag project, further raising Panzhihua's profile in the domestic Ti-industry.
Meanwhile Pangang, the largest iron and steel group in the south-east of China, is currently engaged in a titanium ore expansion project which began last September and is scheduled to be completed by August.
Source: Steel Guru
The project, which began last September will enhance Pangang’s titanium ore output from 300,000 tonnes per year to 470,000 tonnes per year to become the largest domestic Titanium raw material base.
Recent projects have included a titanium sponge project and a 180,000 tonnes per year titanium-rich slag project, further raising Panzhihua's profile in the domestic Ti-industry.
Meanwhile Pangang, the largest iron and steel group in the south-east of China, is currently engaged in a titanium ore expansion project which began last September and is scheduled to be completed by August.
Source: Steel Guru
Sunday, January 11, 2009
Sri Lanka Government Plans Sand Mining On East Coast
The Sri Lanka government has announced plans to reserve the land along the Eastern seaboard from Nilaveli to Mullaitivu for the exploration and mining of heavy beach mineral. Nilaveli was until recently one of the hot spots of unrest caused by the Tamil Tigers' long struggle for an independent state.
On 24 December the Cabinet approved a memorandum submitted by the Minister of Industrial Development, Kumara Welgama, to reserve the land area exclusively for mining by Lanka Mineral Sands Limited (LMSL, a government-owned company established in 1960 as the successor to the Ceylon Mineral Sands Corporation.
The government plans to expand its operations by way of investing and upgrading the mining and processing of heavy beach minerals such as Ferro-Titanium, Titanium Slag, Titanium Sponge, TiO2 pigments and welding electrodes, the government said. Currently its activities are limited only to mining and processing ilmanite, rutile and zircon.
The project will be implemented as a joint venture with Stork Handelsges of Austria.
Source: colombopage.com
On 24 December the Cabinet approved a memorandum submitted by the Minister of Industrial Development, Kumara Welgama, to reserve the land area exclusively for mining by Lanka Mineral Sands Limited (LMSL, a government-owned company established in 1960 as the successor to the Ceylon Mineral Sands Corporation.
The government plans to expand its operations by way of investing and upgrading the mining and processing of heavy beach minerals such as Ferro-Titanium, Titanium Slag, Titanium Sponge, TiO2 pigments and welding electrodes, the government said. Currently its activities are limited only to mining and processing ilmanite, rutile and zircon.
The project will be implemented as a joint venture with Stork Handelsges of Austria.
Source: colombopage.com
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