Lock Up Titanium Supplies Very Soon
Titanium is a super strong and light weight metal, and is ideally suited for many design projects ranging from recreational equipment to aircraft. But act now to lock up supplies if you hope to use it to any significant extent in the next several years. Reason: Major aircraft OEMs are securing projected needs through very long-term supply agreements. Boeing, Rolls-Royce, and most recently United Technologies Corp. have all signed long-term commitments to buy the material from major suppliers such as Timet, Allegheny Technologies and Russia’s Vsmpo-Avisma.
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