Japanese industry / aerospace
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Nikkei Asia · Japan · IperionX opened the first US commercial titanium sponge plant as VSMPO cut to four days per week and Japanese consolidation absorbed Toho Titanium
Reports Osaka Titanium Technologies' ¥39 billion plant expansion approved in February 2026 to increase sponge titanium capacity from the current approximately 28,000 tpa to 50,000 tpa by 2028. Osaka Titanium supplies Boeing and Airbus via intermediaries; the expansion follows multi-year supply agreements with aerospace customers seeking to replace VSMPO allocations. Notes JX Advanced Metals' absorption of Toho Titanium on June 1, 2026, consolidating Japanese sponge production in two entities.
“Osaka Titanium's ¥39bn expansion to 50,000 tpa by 2028 fills VSMPO allocations lost post-Ukraine war; JX Advanced Metals absorbed Toho Titanium on June 1, consolidating Japanese sponge in two entities.”