OREANDA-NEWS. January 23, 2008. The vice president of the company Aleksey Klimov has told journalists that in 2007 TVEL’s non-nuclear production made up 3.7bln RUR. By 2015 the company is going to increase the production of rolled titanium, stainless steel, super-conductor materials, machinery and turbines, lithium, calcium and commercial zirconium.

The company is also going to produce components for medical tomographic scanners. “We are considering the possibility of supply of super-conducting wire. Particularly, we are planning to supply the first 500–1,000 kg pilot batch in 2009 with further possibility of export of bigger batches of up to 10 tons,” Klimov said. In this sphere TVEL hopes for cooperation with world leading companies, particularly, with Phillips. “However, we are not yet considering the possibility of joint ventures with foreign partners,” Klimov said.

TVEL is a Russian state corporation, one of the world’s three biggest producers of nuclear fuel. The company produces and exports nuclear fuel as well as zirconium, lithium, calcium, hafnium, titanium. Among its subsidiaries are Chepetsk Mechanical Plant (Glazov, Urmurtia), Elemash (Elektrostal, Moscow region) and Novosibirsk Chemical Concentrate Plant (Novosibirsk, Novosibirsk region).