The United States has reportedly urged Group of Seven (G-7) allies to consider imposing sanctions on Russian palladium and titanium as the Biden administration explores new strategies to pressure President Vladimir Putin’s war effort in Ukraine. A person familiar with the matter revealed that Biden administration officials floated the possibility during a meeting of G-7...
READ MOREVSMPO-AVISMA reported a 0.44% decrease in revenue under Russian Accounting Standards (RAS) for the period of January to September 2024, totaling 72.3 billion rubles ($769 million), compared to the same period last year. The company’s cost of sales rose by 17.5% to 48.609 billion rubles ($517 million), according to its financial statements. Key profit metrics,...
READ MOREXinjiang Technology officially launched its Phase II aluminium and titanium alloy production project on September 5. The project, located in Haimen District, builds on the company’s Phase I success in magnesium alloy production and represents a significant provincial industrial initiative in collaboration with China Aerospace Equipment. The total investment in the new titanium alloy project...
READ MOREJapan Develops Innovative Alloy for Aviation Researchers at Japan’s National Institute of Materials Science have created an alloy of titanium and nickel that combines the strength of steel with the elasticity of rubber. In experiments, the alloy was elongated by 50% and then further stretched by 12% after being heated to 300°C. This process resulted...
READ MOREA team of researchers at MIT, in collaboration with ATI Specialty Materials, has developed a new method for creating titanium alloys that surpass traditional trade-offs between strength and ductility. This breakthrough could revolutionize materials used in industries like aerospace, where both high strength and flexibility are essential. Titanium alloys are critical in a range of...
READ MOREScientists at the National Institute of Materials Science (NIMS) in Japan have created a highly flexible titanium-nickel alloy that could pave the way for revolutionary applications such as shape-shifting aircraft and super-strong artificial muscles. This new alloy combines the strength of steel with the ability to stretch like rubber, potentially overcoming the long-standing trade-off between...
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The European Union has reduced its titanium imports from Russia by 22% year-on-year, totaling 2,461 tons in the first five months of 2024, according to Eurostat data. Despite this annual decrease, May saw a significant increase in supplies by nearly a third compared to April, reaching 578 tons. Notably, France increased its imports from Russia...
READ MOREVSMPO-AVISMA Corporation plans to commission a long product rolling complex in the Titanium Valley special economic zone in the Sverdlovsk Region, Russia by 2029. Construction of the facility is set to begin in 2025, according to Oblastnaya Gazeta correspondent Andrey Meshavkin. “We have ambitious plans and develop a new sensational program every year. Our most...
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A new forging complex with a force of 4,000 tons for titanium has been inaugurated at VSMPO-AVISMA’s facility in Verkhnyaya Salda, Sverdlovsk Region, Russia. Located in the forging and stamping shop of the enterprise, this state-of-the-art complex is set to enhance productivity with minimal human involvement. Dmitry Trifonov, General Director of VSMPO-AVISMA, stated, “The new...
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The titanium-zirconium subsoil plot “Eastern part of the Tsentralnoye deposit” in the Tambov Region, previously developed by VSMPO-AVISMA, has been put up for auction, according to GIS Torgi data. VSMPO-AVISMA Corporation had earlier shown interest in this deposit. In January 2023, the company sought proposals for design work on backhole drilling and large-tonnage sampling of...
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