With the widespread application of titanium alloys, the upstream raw material supply of its industrial chain will receive more attention. Based on relevant policies and data analysis, the supply of upstream raw materials in the titanium alloy industry chain will face a tightening situation in the future.
In terms of policies, the reform of the natural resources ownership system is continuing in China, and there are also issues such as lagging behind in the mining of titanium ore resources and low technical content. At the same time, the central government has clearly proposed to strengthen the protection and utilization of strategic resources such as rare earths, which also brings certain challenges to the supply of raw materials such as titanium ore.
In addition, environmental pressures around the world have also affected the supply of titanium alloy raw materials. According to incomplete statistics, the reserves of titanium ore resources in Europe, the United States and other regions currently account for about 70% of global resources, but these regions are restricting the mining of titanium ore from various aspects such as law and environmental protection. It is expected that some areas will further strengthen the control of raw materials such as titanium ore in the future, which will also have an impact on the sustainable development of the entire titanium alloy industry chain.
Overall, the tightening of upstream raw material supply in the titanium alloy industry chain will continue to exist, which also presents new challenges for the production and development of titanium alloy companies.