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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Scientists from the Ural Federal University (UrFU) and the Baikov Institute of Metallurgy and Materials Science of the Russian Academy of Sciences have modernized a titanium alloy used for medical implants, improving its biocompatibility and reducing its rigidity. This advancement addresses two critical issues with current alloys: potential allergic and toxic reactions, and excessive stiffness...
READ MOREIndonesia Invites Elon Musk for Battery Plant Venture Proposal to Build Electric Vehicle Battery Plant The Indonesian government has extended an invitation to Tesla CEO Elon Musk to consider establishing an electric vehicle battery plant in Indonesia. This invitation aligns with President Joko Widodo’s strategy, initiated after his election in 2014, to transform Indonesia into...
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In 2023, the Russian market saw a significant increase in demand for titanium products, reaching over 18,000 tons, up from the estimated 12,000-13,000 tons annually in previous years. This surge was influenced by the development of the import substitution program and the initiation of a domestic aircraft construction program. Dmitry Kurochkin, Head of Marketing at...
READ MOREMerging Titans: A Closer Look at BHP Group’s Intentions and the Global Metals Market BHP Group’s Merger Proposal to Anglo American International mining giant, BHP Group, has proposed a merger with its rival, Anglo American. The proposed deal is valued at approximately $39 billion. BHP Group, with a market valuation of $149 billion, aims to...
READ MOREAirbus Canada has received a special authorization from the Canadian government to continue using titanium supplied by VSMPO-AVISMA, the world’s largest producer of titanium and titanium alloys, despite recent sanctions against the Russian firm. The exact duration of these authorizations remains unspecified by Airbus Canada. The decision comes as a significant relief for Airbus, as...
READ MOREMaterial scientists have unveiled a groundbreaking discovery in the field of metallurgy, as detailed in a recent publication in the journal *Science*. The newly developed alloy, composed of niobium, tantalum, titanium, and hafnium, demonstrates properties that were once thought to be unachievable, boasting extraordinary strength and impact toughness across a broad temperature range. This novel...
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In a notable surge, European countries imported 494.9 tonnes of Russian titanium in January 2024, marking a 92% increase from December, despite being 15.5% lower than the previous year’s figures, according to the European Union’s statistical service. This increase reflects significant growth in imports by several key countries, including Germany, which received 237 tonnes of...
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A research team from the Institute of Metal Research of the Chinese Academy of Sciences, led by Professors Zhang Zhefeng and Zhang Zhenjun, has made a significant breakthrough in enhancing the fatigue resistance of 3D-printed titanium alloys. Their study, recently published in the journal Nature, introduces an innovative approach known as Net-Additive Manufacturing Preparation (NAMP)...
READ MOREResearchers from RMIT University in Australia have made a significant breakthrough in 3D printing technology by creating a titanium structure that surpasses the strongest known alloys by 50%. This development marks a pivotal moment in the use of metamaterials, which are engineered to have properties not found in naturally occurring materials, for industrial and medical...
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Researchers from MISIS University and the A.A. Baikov Institute of Metallurgy and Materials Science in Russia have made a breakthrough in improving the properties of metal alloys based on titanium nickelide (TiNi). By employing controlled aging and plastic deformation techniques, the team has significantly enhanced the functional characteristics of TiNi alloys, crucial in applications requiring...
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The Ust-Kamenogorsk Titanium-Magnesium Combine is poised for significant expansion with 25 investment projects worth 207 billion tenge (approximately $455.4 million USD) in the pipeline. Announced during President Kasym-Jomart Tokayev’s visit, this move solidifies Kazakhstan’s strong foothold in the global titanium market, boasting an 11% worldwide share and over 20% in the aerospace sector. Certified by...
READ MOREAluminium Sector’s Strategic Expansion Emirates Global Aluminium’s Egyptian Project In a significant move to expand its global footprint, Emirates Global Aluminium (EGA) is in advanced negotiations with the Egyptian Ministry of Public Enterprises to establish a state-of-the-art aluminium smelter in Northern Egypt. This ambitious project, with an estimated investment of $3 billion, aims to produce...
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The Sverdlovsk Region of Russia marked the commencement of a significant new development within the Titanium Valley Special Economic Zone (SEZ) on 22 February. Dmitry Ionin, Deputy Governor of the region, led the groundbreaking ceremony for a new plant dedicated to producing titanium bars, rings, and ingots. This venture, spearheaded by the Isetsky Forging and...
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Kazakhstan, a significant player in the non-ferrous metals market, has experienced a downturn in its export volumes across various metals, including copper, aluminum, zinc, lead, and titanium, over the first 11 months of 2023. The decline reflects shifts in international demand and market dynamics, impacting the country’s trade relationships and revenue from these crucial resources....
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