Titanium Value Calculator
Current titanium price: $10.89/troy oz (Reference price)
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Common Titanium Grades
| Grade | Ti Content | Value/ozt |
|---|---|---|
| Grade 1 CP (commercially pure) | 99.5% | $10.83 |
| Grade 2 CP (most common) | 99.0% | $10.78 |
| Grade 5 Ti-6Al-4V (alloy) | 90.0% | $9.80 |
| Grade 23 (medical, Ti-6Al-4V ELI) | 90.0% | $9.80 |
Titanium by Weight
| Quantity | Troy oz | Value |
|---|---|---|
| 1 troy oz | 1 ozt | $10.89 |
| 1 lb (avoirdupois) | 14.5833 ozt | $158.76 |
| 1 kg | 32.1507 ozt | $350.00 |
| 10 kg | 321.507 ozt | $3,500.00 |
About Titanium and Its Applications
Titanium is not traded on commodity spot markets like precious metals. Its price varies significantly depending on the grade, form (sponge, ingot, bar, sheet), and quantity. The reference price shown here is an approximate market average for titanium sponge.
Aerospace is the largest consumer of titanium, accounting for roughly 50% of all titanium produced. Aircraft frames, jet engines, and spacecraft components rely on titanium's exceptional strength-to-weight ratio — it is as strong as steel but 45% lighter.
Medical applications include hip and knee replacements, dental implants, and surgical instruments. Titanium is biocompatible, meaning the human body does not reject it, making it ideal for long-term implants. Grade 23 (Ti-6Al-4V ELI) is the most common medical titanium alloy.
Marine and chemical processing industries use titanium for its outstanding corrosion resistance, particularly in saltwater and acidic environments. Desalination plants, submarine hulls, and offshore oil rigs all use titanium components.
Value = Weight (troy oz) × Grade Purity × Reference Price
Key Facts About Titanium
- Chemical symbol Ti, atomic number 22 — named after the Titans of Greek mythology
- Titanium has the highest strength-to-weight ratio of any structural metal — as strong as steel but 45% lighter
- Titanium is the 9th most abundant element in the Earth's crust, but expensive to refine (Kroll process)
- The SR-71 Blackbird spy plane was made of 85% titanium — the CIA secretly bought Soviet titanium to build it
- Titanium is completely biocompatible — the human body does not reject it, making it ideal for medical implants
- China is the world's largest titanium sponge producer, followed by Russia and Japan
Frequently Asked Questions About Titanium
Why is titanium so expensive if it's common in the Earth's crust?
Although titanium is the 9th most abundant element in the Earth's crust, it is extremely expensive to refine. The Kroll process used to extract titanium from ore is energy-intensive, slow, and requires a vacuum or inert atmosphere, which drives up production costs significantly compared to metals like steel or aluminum.
What is Grade 5 titanium (Ti-6Al-4V)?
Grade 5, also known as Ti-6Al-4V, is the most widely used titanium alloy, accounting for roughly 50% of all titanium usage worldwide. It contains 6% aluminum and 4% vanadium, giving it excellent strength, light weight, and corrosion resistance — making it the standard choice for aerospace and high-performance applications.
Is titanium stronger than steel?
Titanium has a comparable ultimate tensile strength to many steel alloys but is about 45% lighter. This gives titanium the highest strength-to-weight ratio of any structural metal, which is why it is preferred in aerospace and military applications where weight savings are critical.
What are the most common titanium grades?
The most common grades are Grade 1 through Grade 4 (commercially pure titanium with increasing strength) and Grade 5 (Ti-6Al-4V), the dominant alloy. Grade 23 (Ti-6Al-4V ELI) is the standard for medical implants due to its enhanced biocompatibility and fatigue resistance.
Can titanium be recycled?
Yes, titanium is fully recyclable and retains its properties when remelted. Recycled titanium scrap is a significant source of raw material for the industry, and recycling uses far less energy than producing new titanium from ore through the Kroll process.
Is titanium used in medical implants?
Titanium is the most widely used metal for medical implants because it is completely biocompatible — the human body does not reject it. Common applications include hip and knee replacements, dental implants, bone plates, and surgical screws, typically using Grade 23 (Ti-6Al-4V ELI).
Why is titanium used in aerospace?
Titanium's combination of high strength, low weight, and excellent heat resistance makes it indispensable in aerospace. It is used in jet engine components, airframe structures, and landing gear where it withstands extreme temperatures and stresses while reducing overall aircraft weight.
How is titanium different from other metals for jewelry?
Titanium is hypoallergenic, extremely lightweight, and highly scratch-resistant compared to gold or silver. It can also be anodized to produce vibrant colors without dyes or coatings. However, titanium rings cannot be easily resized, which is an important consideration for buyers.
What is titanium sponge?
Titanium sponge is the primary raw form of titanium produced by the Kroll process, named for its porous, sponge-like appearance. It is the starting material that gets melted and refined into ingots, bars, and sheets for industrial use. Global titanium sponge production is dominated by China, Russia, and Japan.
Is titanium a precious metal?
No, titanium is not classified as a precious metal. Precious metals include gold, silver, and the platinum group metals. Titanium is categorized as a specialty or strategic metal, valued for its industrial properties rather than rarity or use as a store of value.