Prices
Updated: June 9, 2026| Exchange / Source | Price | Unit | Date |
|---|---|---|---|
| Spot | $48.50 | USD/oz | June 9, 2026 |
About Titanium
Editorial overviewWhat is titanium?
Titanium is a lightweight, corrosion-resistant metal used mainly as titanium sponge and as titanium dioxide (TiO2) pigment. In industry references, titanium is usually treated as a metal-and-pigment system rather than a single end-use stream. USGS MCS 2026 titanium and titanium dioxide
How titanium is priced
There are no listed futures contracts for titanium metal (sponge or ingot) on any regulated exchange. Pricing is OTC against benchmark spot quotes published by Fastmarkets, Argus and S&P Global. The underlying mineral sands (ilmenite, rutile) and TiO2 pigment also trade OTC under bilateral contracts referenced to benchmark indices.
Where titanium comes from
USGS MCS 2026 titanium sponge production is concentrated in China, Japan, Russia, Kazakhstan, Saudi Arabia, and India; the table shows China as the clear leader at 260,000 metric tons in 2025, followed by Japan at 53,000 and Russia at 25,000. The USGS page also notes revisions to 2024 production for Kazakhstan and Russia and reports a world total of 370,000 metric tons in 2025. USGS MCS 2026 titanium and titanium dioxide Full breakdown in the production and reserves sections.
Who produces titanium
The leading sponge producers shown by USGS MCS 2026 are China, Japan, Russia, Kazakhstan, and Saudi Arabia, with China the dominant producer and the United States producing none in 2025 after its last sponge plant closed in 2024. For titanium dioxide pigment, the USGS lists major operating capacity in China, the United States, Germany, Australia, Mexico, Canada, and others, indicating a globally dispersed pigment industry. USGS MCS 2026 titanium and titanium dioxide Full list of producers below.
What titanium is used for
USGS MCS 2026 says the majority of titanium metal is used in aerospace, with the remainder used in armor, chemical processing, marine hardware, medical implants, power generation, and other applications. For titanium dioxide pigment, the USGS says the leading uses are paints, plastics, and paper, in that order. USGS MCS 2026 titanium and titanium dioxide
Key facts about titanium supply
- USGS MCS 2026: the United States did not produce titanium sponge metal in 2025, and the last domestic sponge plant closed in 2024. USGS MCS 2026 titanium and titanium dioxide
- USGS MCS 2026: world sponge production was 370,000 metric tons in 2025, down from a 2024 world total of about 380,000 metric tons. USGS MCS 2026 titanium and titanium dioxide
- USGS MCS 2026: China produced 260,000 metric tons of titanium sponge in 2025, far ahead of Japan at 53,000 and Russia at 25,000. USGS MCS 2026 titanium and titanium dioxide
- USGS MCS 2026: U.S. sponge imports in 2021-24 came mainly from Japan at 77%, Saudi Arabia at 13%, Kazakhstan at 8%, and other sources at 2%. USGS MCS 2026 titanium and titanium dioxide
- USGS MCS 2026: TiO2 pigment capacity in China was 6,000,000 metric tons in 2025e, the largest listed in the table. USGS MCS 2026 titanium and titanium dioxide
Sources: USGS MCS 2026 titanium and titanium dioxide, World Steel Association
Mine Production by Country
Source: USGS MCS 2026Ilmenite
| Country | 2024 | 2025e | Reserves |
|---|---|---|---|
| United States | e100 | e100 | 2,000 |
| Australia | e600 | e780 | e170,000 |
| Canada | e360 | e360 | 50,000 |
| China | e3,040 | e3,200 | 110,000 |
| India | e230 | e240 | 15,000 |
| Madagascar | e300 | e300 | 30,000 |
| Mozambique | e1,930 | e1,900 | NA |
| Norway | e432 | e390 | 37,000 |
| Senegal | e345 | e370 | NA |
| South Africa | e1,260 | e1,300 | 28,000 |
| Ukraine | e286 | e200 | 5,900 |
| Other countries | e332 | e230 | 46,000 |
| World total (rounded) | 9,210 | 9,400 | 9,210 |
Production unit: thousand metric tons, titanium dioxide (TiO2) content. Reserves unit: thousand metric tons, titanium dioxide (TiO2) content. "e" = estimated, "W" = withheld. Source: USGS MCS 2026
Rutile
| Country | 2024 | 2025e | Reserves |
|---|---|---|---|
| United States | es | es | s |
| Australia | e200 | e200 | e35,000 |
| India | e12 | e13 | 670 |
| Kenya | e41 | | |
| Mozambique | e9 | e10 | 720 |
| Sierra Leone | e80 | e110 | 2,900 |
| South Africa | e102 | e100 | 6,200 |
| Ukraine | e9 | e10 | 2,500 |
| Other countries | e10 | e9 | >540 |
| World total (rounded) | 460 | 450 | 460 |
Production unit: thousand metric tons, titanium dioxide (TiO2) content. Reserves unit: thousand metric tons, titanium dioxide (TiO2) content. "e" = estimated, "W" = withheld. Source: USGS MCS 2026
Major Producers (12)
Ranked by latest disclosed Ti-mineral or sponge productionCompanies ranked by most recently disclosed annual titanium production (kilotonnes). Each card links to the primary source (annual report, production report, or exchange filing). "Not disclosed" means the company does not publish metal-specific tonnage — common for private Chinese/state-owned groups and pre-production projects.
United Kingdom
RIO
990
kt Ti
FY2024
Saudi Arabia
TADAWUL:2286
Undisclosed Output
Not disclosed
FY2024
Yanbu Ti sponge plant, 15.6 kt capacity, all produced material sold FY24
United States
ATI
Undisclosed Output
Not disclosed
FY2024
Titanium mill products; HPMC segment sales $2,279M FY2024
Japan
5726
Undisclosed Output
Not disclosed
FY2025
Ti sponge producer, Amagasaki plant; capacity ~40 kt/yr per secondary sources
Russia
VSMO
Undisclosed Output
Not disclosed
Undisclosed
Verkhnaya Salda
South Africa
Subsidiary → LSE:RIO / ASX:RIO
Undisclosed Output
Not disclosed
FY2024
KZN heavy mineral sands mining and TiO2 slag smelting
United States
Subsidiary → NYSE:BRK.A / NYSE:BRK.B
Undisclosed Output
Not disclosed
FY2024
Precision Castparts / Berkshire Hathaway subsidiary; produces titanium ingot and mill products
Japan
5727
Undisclosed Output
Not disclosed
FY2025
Ti sponge producer; Chigasaki, Wakamatsu plants
United Kingdom
TROX
Undisclosed Output
Not disclosed
FY2024
Namakwa and Australia sands mining
Kazakhstan
UTMK
Undisclosed Output
Not disclosed
N/A
Ti sponge and ingots producer, Oskemen Kazakhstan; no production volume in FY23/24 reports
Latest News
All metals news →No recent news for this metal. Visit the Hub news section for all metals news.
Frequently Asked Questions
Auto-generated from primary-source dataWhat is the current price of titanium?
As of June 9, 2026, Titanium traded at $48.50 USD/oz on Spot. Prices update multiple times per business day on TSM Hub from exchange and benchmark feeds.
Which countries produce the most titanium?
The largest titanium producing countries (Ilmenite) are China (e3,040 thousand metric tons, titanium dioxide (TiO2) content), Mozambique (e1,930 thousand metric tons, titanium dioxide (TiO2) content), South Africa (e1,260 thousand metric tons, titanium dioxide (TiO2) content). Source: USGS Mineral Commodity Summaries 2026.
Which countries hold the largest titanium reserves?
The countries with the largest reported titanium reserves (Ilmenite) are Australia (e170,000 thousand metric tons, titanium dioxide (TiO2) content), China (110,000 thousand metric tons, titanium dioxide (TiO2) content), Canada (50,000 thousand metric tons, titanium dioxide (TiO2) content). Source: USGS Mineral Commodity Summaries 2026.
Who are the largest global producers of titanium?
Among 780+ producers tracked on TSM Hub, the largest disclosed titanium producers include Kenmare Resources plc — Moma Mine (Ireland), Rio Tinto — Rio Tinto Iron & Titanium (RTIT) (United Kingdom), Iluka Resources Ltd. (Australia). Some operating titanium producers do not publish metal-specific tonnage — such as AMIC Toho Titanium Metal Co., Ltd. (ATTM) — Advanced Metal Industries Cluster (Saudi Arabia), ATI Inc. (Allegheny Technologies Inc.) (United States), Osaka Titanium Technologies Co., Ltd. (OTC) (Japan) — and are listed with an “Undisclosed Output” badge instead of a rank, in line with our principle of never inventing numbers absent from primary sources. Full ranking with primary-source links is available in the producers section.
Where can I find official titanium price data?
Official titanium prices are published by Spot. TSM Hub aggregates these feeds under licensed market-data redistributor agreements and updates them twice daily.
What is the primary source for titanium production and reserves data?
Country-level titanium production and reserves figures on TSM Hub are sourced directly from the USGS Mineral Commodity Summaries 2026, the U.S. Geological Survey's authoritative annual reference. Company-level production figures come from each producer's official annual report, production report, or regulated exchange filing.