Headlines

Russia says it hopes to resume titanium joint venture with Boeing

Published by Global Banking & Finance Review

Posted on August 26, 2025

1 min read

· Last updated: January 22, 2026

Add as preferred source on Google
Russia says it hopes to resume titanium joint venture with Boeing
Global Banking & Finance Awards 2026 — Call for Entries

MOSCOW (Reuters) -Russia hopes that a U.S.-Russian joint venture involving Boeing in the Sverdlovsk region can resume its operations, Russian First Deputy Prime Minister Denis Manturov told the TASS

Russia Aims to Restart Boeing Titanium Joint Venture Operations

Russia's Titanium Joint Venture with Boeing

MOSCOW (Reuters) -Russia hopes that a U.S.-Russian joint venture involving Boeing in the Sverdlovsk region can resume its operations, Russian First Deputy Prime Minister Denis Manturov told the TASS state news agency in an interview.

Background on the Joint Venture

The joint venture between Russia's largest titanium maker VSMPO-AVISMA and U.S. aircraft manufacturer Boeing halted operations in 2022 after Boeing decided to suspend purchases of titanium from Russia.

Current Status of Titanium Supplies

Moscow did not impose any restrictions on titanium supplies to the U.S., Manturov noted, saying it was still possible for U.S. companies to buy Russian titanium.

Future Prospects for Collaboration

(Reporting by Reuters; Writing by Gleb Stolyarov; Editing by Andrew Osborn)

Key Takeaways

  • Russia hopes to resume its titanium joint venture with Boeing.
  • The joint venture halted in 2022 due to Boeing's suspension.
  • Russia did not restrict titanium supplies to the U.S.
  • VSMPO-AVISMA is Russia's largest titanium maker.
  • Future collaboration prospects remain open.

Frequently Asked Questions

What does Russia hope regarding the titanium joint venture?
Russia hopes to resume its operations involving Boeing in the Sverdlovsk region.
Why did the joint venture halt operations?
The joint venture between VSMPO-AVISMA and Boeing halted operations in 2022 after Boeing decided to suspend purchases of titanium from Russia.
Are there any restrictions on titanium supplies to the U.S.?
Moscow did not impose any restrictions on titanium supplies to the U.S., indicating that U.S. companies can still buy Russian titanium.

Tags

Related Articles

More from Headlines

Explore more articles in the Headlines category