London, March 17th (Argus) - A company source from Saudi Arabia's sponge titanium producer ATTM told Argus that the company is currently operating normally and the Middle East conflict has not had a direct impact on it.
ATTM is a joint venture established by Saudi enterprise AMIC and Japanese Toho Titanium, located in Yanbu on the Red Sea coast in eastern Saudi Arabia.
The conflict between the United States, Israel and Iran has led to the actual blockage of the Strait of Hormuz. The blocked freight routes have forced many aluminum production enterprises to suspend operations due to the inability to obtain imported raw materials, energy supplies or export finished products.
The ATTM source said: "Although the freight market situation is volatile, we are actively coordinating logistics and expect no substantial interruption in exports."
Saudi Arabia's titanium ore and titanium concentrate raw materials mainly rely on imports from Mozambique and Australia.
Data from the United States Geological Survey (USGS) shows that ATTM's sponge titanium production in 2025 will be 12,000 tons, with an annual capacity of 15,600 tons. ATTM supplies aerospace-grade sponge titanium to the United States, the United Kingdom, France and Italy, and supplies titanium iron grade products to Estonia. There is only a small amount of shipment to other regions.
