Assessment of new technology development for low-cost titanium powder

For a large global mining company, CRA assisted the client in deciding whether to pursue an opportunity to develop a new technology to potentially produce low- cost titanium powder. Future global demand for the product was evaluated at various future price levels. CRA estimated the costs of conventional technologies to produce titanium alloyed and unalloyed mill products and made estimates of projected future prices. A complex financial model was developed to evaluate the economic feasibility of many development options for the new technology.