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Russia reveals its desire to resume its joint project with Boeing  

Tuesday 26 August 2025 01:40pm News / Stock market News

Russia is seeking to resume work on the joint project with the American company Boeing in the Sverdlovsk region, as revealed by the First Deputy Prime Minister of Russia, Denis Manturov, in an interview with the TASS agency.

The project, which involves the Russian VSMPO-AVISMA company, the world's largest titanium manufacturer, and Boeing, a leader in aircraft manufacturing, had been suspended since 2022 after Boeing announced a halt to its purchases of Russian titanium amid geopolitical developments.

Manturov clarified that Russia has not imposed any restrictions on titanium exports to the United States, emphasizing that the American market can still obtain Russian titanium directly.

The Russian official pointed out that the decision lies with the American companies themselves, and that Moscow is not obstructing this path, opening the door for the possibility of resuming cooperation between Boeing and Russia in the near future.

The joint project established years ago was a key pillar in the supply chain of titanium for the global aviation industry, as Boeing relies on Russian materials to manufacture important parts of its aircraft. Its suspension in 2022 raised many questions about possible alternatives to meet the needs of the American company, especially since Russia is one of the leading producers of titanium globally.

Through this approach, Russia is trying to reaffirm its position as a key player in the strategic mineral markets, and its ability to supply major companies like Boeing still exists despite Western sanctions.

Additionally, the talk of resuming the joint project reflects Moscow's desire to maintain its position within global supply chains and not to lose its status in the civil aviation industry.

Experts believe that the future of cooperation between Russia and Boeing will depend on the United States' stance on continuing to rely on Russian titanium, especially amid the current political tensions. However, Manturov's assurance of no Russian restrictions leaves the door open for negotiations that could restore the joint project to its normal course if the political and economic will exists.