The Phase I green titanium-based new materials integrated project of Guangdong Hengtai New Materials Co., Ltd. completed filing on October 16, 2026, with a total investment of RMB 3.837 billion. It involves building production lines for 100,000 t/y chloride-process titanium dioxide and 25,000 t/y titanium sponge, and is located in the West Zone of Maoming High-tech Industrial Development Zone. This is an upstream titanium raw material capacity expansion rather than a direct additive manufacturing event: titanium sponge is the most upstream feedstock for titanium alloy powders (TC4/TA15, etc.), and the integrated layout of chloride-process titanium dioxide and titanium sponge can dilute titanium raw material costs. The commissioning of 25,000 t/y of titanium sponge capacity will strengthen titanium raw material supply in South China, provide a cost anchor and supply assurance for downstream powder producers, and indirectly benefit the cost and delivery stability of titanium alloy powders. For powder buyers: upstream titanium sponge capacity expansion is a medium- to long-term bullish signal for titanium alloy powder prices; attention should be paid to the linkage between powder production capacity in South China and raw material procurement rhythms.