If the fundamentals are in place - then it can be sometimes like...

If the fundamentals are in place - then it can be sometimes like a light going on

Looking at the facts:
- Advanced metals technology that can use titanium scrap to produce titanium at low cost and with zero scope 1 and 2 carbon emissions
- Commercial demand - many companies want to use lower cost and lower carbon titanium, and are trying to reduce the carbon in the their supply chains, and increase the amount of circular materials
- Governments are providing generous financial support for these technologies, and penalising higher carbon materials
- Technology is patented
- Technology is recognised: Dr Fang award and the US Air Force Research Labs recognition
- Technology is developed: industrial pilot facility that is producing titanium
- Revenue: First revenue achieved with titanium watch blank sales to Panerai

Looking at their presentation - the key milestones are now:
- Government funding package
- Customer partnerships and off takes
- Securing recycled titanium feedstock
- Construction of the Titanium Demonstration Facility

In addition, the Titan project appears to be one of few US critical minerals projects that has titanium minerals, zircon and rare earths. The difficult thing for most companies in the US is securing permits - if they manage to achieve this outcome, then this would be a large de-risking event