Titanium shipments drop 18pc for first time since 2014
17 days ago, 17:57
Titanium exports fell 18.7 per cent in the three months to September 2017, the first third-quarter drop since shipments started in 2014. Official data shows that Kenya earned Sh2.6 billion from titanium sales in the July-September period, down from Sh3.2 billion in a similar trading window of 2016. Titanium ore, which is mined by Australian firm Base Resources in the coastal town of Kwale, is used as an alloy with other metals to produce lightweight metals for jet engines. China is the lar ...
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