ATI terminates joint venture with Russian VSMPO, winding up by year-end 2022

ATI INC

Uniti, LLC JV with Russian-based VSMPO-AVISMA terminated; expected wind-up by year-end 2022.
JV marketed commercially pure titanium to industrial markets (power, chemical, automotive), not aerospace/defense/medical.
Kevin Kramer, ATI Chief Commercial & Marketing Officer, thanked partners for nearly 20-year collaboration.
ATI is a $3 billion global producer focused on aerospace, defense, electronics, medical, and specialty energy.

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