According to a new market report published by Lucintel, the future of titanium in the global aerospace market looks promising with opportunities in the commercial aircraft, military aircraft, helicopter, general aviation, and regional aircraft. Titanium in the global aerospace industry is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 3.6% from 2018 to 2030. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight titanium materials.
Bluejay Mining PLC is dual-listed on the London AIM Market (LON:JAY) and Frankfurt Stock Exchange (S5WA) and is primarily focussed on advancing the Dundas Ilmenite project (previously known as the Pituffik Titanium Project) an advanced stage ilmenite project in Greenland into production in 2018.