VSMPO-AVISMA Corporation announced that they are discontinuing the six-month moratorium on bankruptcy which was put in place by the Government of the Russian Federation as of April 1, this year. Rejection of the moratorium will allow the company to retain the right to pay dividends or conduct share buyback.

Titanium producer VSMPO-AVISMA is studying the possibility of raw material extraction in Russia. Earlier the corporation purchased it in Ukraine. Now supplies come from African countries and Vietnam. The company displays its keen interest in obtaining the right to use Tsentralny Zirconium Titanium deposit in Tambov Region, Rosnedra press service informed RBC...

Airbus will continue buying titanium products from VSMPO-Avisma in spite of the Western sanctions against Russia. The aviation company receives almost 50% of titanium from Russia for the production of its aircrafts.

VSMPO-AVISMA Corporation is planning to re-orient its exports from the US market to other destinations due to suspension of purchases of the metal by American and European companies. "The sphere of titanium application is quite wide - from medicine to household and food industry. We are able to adapt quickly and we are sure that our unique technological deve...