The possible disruptions in the supply of raw materials from Ukraine does not threaten "VSMPO-Avisma"

The Russian corporation "VSMPO-Avisma", the world's largest titanium producer, receives 100% of the raw materials for titanium sponge (ilmenite) from Ukraine, but the safety of raw materials are not threatened, the CEO Mikhail Voevodin told RIA Novosti.

According to him, about 70% of the raw material comes from Volnogorsk Mining (the Dnipropetrovsk region) and Irshansk Mining (the Zhytomyr region). The raw materials from Ukraine – have the highest titanium concentration (about 63%), so the production of the titanium sponge is the most cost-effective.

In case of failure of delivery due to the situation in Ukraine "VSMPO-Avisma" managed to fill their warehouses with Ukrainian ilmenite. "It will last for 8 months of trouble-free operation of the plant. During this time it will be possible to supply the alternative raw materials from Vietnam or Africa, for example. African raw materials turn out twice expensive due to the logistics. However, since the expense structure of ilmenite is 2% ($ 15 million per year), there will be no serious appreciation of the titanium sponge", - the agency assured.