Titanium in 1980
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Much attention is being focused on the availability and use of non-fuel minerals in the United States. Because of the rapid increase in demand since 1978, titanium has been one of the much-publicized metals in this group. Sponge producers are now expanding sponge manufacturing plants to meet this greater demand, and it now appears that there could be a surplus of sponge in 1981. A delay in airplane purchases caused by severe operating losses of the airlines could have a significant effect on mill product shipments in 1981. However, there is no reason to believe that titanium has reached maturity as a structural aerospace or industrial metal. While it is unreasonable to anticipate that demand will continue to grow at the same rate experienced between 1978 and 1980, new greenfield capacity will nevertheless be required in the early 1980s. Two basic issues must be resolved before such ventures become reality: 1) choice of process; and 2) method for financing, either public or private. Both will be the subject of study and debate in 1981.
KeywordsTitanium Sponge Titanium Tetrachloride Mill Product Titanium Sponge
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