Russia is counting on the resumption of the work of the joint venture “VSMPO-Avisma” with Boeing in the Sverdlovsk region, as this is a mutually beneficial project. This was announced in an interview with TASS by the First Deputy Prime Minister of the Russian Federation Denis Manturov on the eve of the Eastern Economic Forum (VEF).
He noted that Russia did not limit the export of titanium and American colleagues can continue its purchases. Colleagues can continue to purchase, plus, we count on the resumption of the work of the joint venture “VSMPO -Avisma” with Boeing, which is located in the “Titanian Valley” in the Sverdlovsk region. Manturov.
VSMPO-Avisma Corporation, the largest titanium manufacturer in the world, supplied titanium products to such aircraft construction giants as Boeing and Airbus. In 2022, Boeing suspended the purchases of titanium from Russia in response to the beginning of the conflict in Ukraine.