American television used to have a show, “Deal or no deal”. Changing the title a wee bit to ask if this is propaganda or fake news, is this “Real or No Real?” RIA Novosti and RT quote a Russian senator, so there is a good chance this is propaganda at this point.
Russia is flailing about for something solid to counter effective US, UK, and global pressure.
Russia’s Federation Council is looking to adopt counter-sanctions against the US, under which the country may ban exports of titanium to aircraft giant Boeing, according to Russian Senator Sergey Ryabukhin. – RT
“Russia is able ‘to annoy’ the US by stopping or severely restricting cooperation in outer space, or by cutting supplies of components for Boeing aircraft, [and] close the supply of titanium,” said Petr Pushkarev, chief analyst of TeleTrade.
- Russia will stop exporting titanium to Boeing if legislation adopted – Russian senator – RT
- Russia to stop selling titanium to Boeing in tit for tat revenge to bring down US economy – Express (UK)
- IF RUSSIAN LEGISLATION ADOPTED RUSSIA WILL STOP EXPORTING TITANIUM TO BOEING – RIA CITES RUSSIAN SENATOR – Reuters
Truthfully, Russia has little leverage to use against the US and the rest of the world. By stopping sales to the US, Russia hurts its own economy while slowing down one manufacturer, financially.
Anonymous expert commentary:
Russia sucked Boeing into a joint venture to built a new Titanium mine in Siberia, using low grade Russian ores – dumb and dumber. China is the world’s larger Titanium producer, but does low grade alloys, while Russia specialises in the high grade aviation alloys.
Russia may not be able to supply enough Titanium for Boeing in any event for local mines. They might have to buy low grade stock from China, purify it and alloy it.
This is extremely convoluted and [Dmytro] Firtash is heavily involved in the Titanium Wars.
Boeing’s alternative is to fund in Ukraine a plant to refine Titanium from local Ukrainian high quality ore, and produce high grade aviation alloy stock. Simple. But they took sides with Russia in the Titanium wars.
2017 Roskill World Titanium Supply report.
The key phrase should be “Russia’s Federation Council is looking to adopt counter-sanctions against the US…”. Don’t let the titanium issue distract from the bigger picture.