Titanium Power is an item you can get from prospecting titanium ore. It says “Tiffany Cartier of Dalaran would be very interested in this fine powder” but the npc is not offering an exchange for the powder. You should be able to exchange 10 powder for a jewelcrafting token.
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not a bug, it becomes available in 3.2 phase
source: [Preformatted text](https://kaliope.wordpress.com/2009/06/26/titanium-prospecting-results-patch-3-2/)