Altair Nanotechnologies Inc. today announced that it has entered into a memorandum of understanding (MOU) with Titanium Metals Corporation (TIMET) to collaborate on a new development program for producing low-cost titanium metal. TIMET is one of the world’s largest suppliers of titanium and titanium alloys for the aerospace, military and manufacturing industries.
Under the terms of the MOU, Altair will provide low-cost TiO2 to make customized electrodes for the TIMET project. Altair believes its ability to control TiO2 particle size, shape and crystalline structure, using its patented process to make TiO2 pigment and nanoparticles, could have a significant benefit to TIMET’s program.
Posted 13th August 2003
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