Titanium has a very high melting point. The metal is hard enough for machining. That is the real reason why the production process of titanium is energy intensive as well as expensive. Additionally, the multiple stages of handling the material expansively add to the manufacture costs.

Titanium metal is used as an alloying agent with metals including aluminum, iron, molybdenum and manganese. … Titanium is used in several everyday products such as drill bits, bicycles, golf clubs, watches and laptop computers.

Titanium can be a very valuable scrap valued metal along with other types of rare alloys

Titanium (Ti) is a soft, ductile, Golden silvery gray metal with a melting point of 1,675 °C (3,047 °F). Owing to the formation on its surface of an oxide film that is relatively inert chemically, it has excellent corrosion resistance in most natural environments.

Titanium is usually cheaper than white gold. However, because of its hardness, titanium is not as easy to work with. … In such cases, the additional labor costs may make the price of a titanium

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Titanium Name Plates