The chemistry is possible. But most talk about using Molybdenum and Titanium. So the question becomes, can it be done economically and scaled to mass production.
Molly Be Damned is going for about $16000 per tonne on the London Metals Exchange or about $7.25 per pound. It also doesn't look like a big mover on the LME.
Ferro-Titanium (it seems that "pure" Titanium is not on the market, so figure it would have to be further refined) is going for $3.77/kg or about $8.31/lb Again not sure how much "pure" titanium that would yield.
I'm sure they guys manning the Titanium and Molybdenum desks at the investment houses had their ears perk up.
Huh, we mined 600,00 tonnes of Lithium last year and 250,000 tonnes of Molybdenum. [goes and checks stock portfolio and amount of change in pocket...)