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Norsk Titanium receives investment from RTI International Metals

Norsk Titanium AS (NTi), a Norway-based manufacturer of titanium components for industrial applications, has announced that RTI International Metals Inc., a supplier of titanium and specialty metal products and services, has become a strategic investor and minority partner with the company.

RTI made an investment of an undisclosed amount for strategic cooperation projects surrounding NTi's 3-D printing technology, known as Direct Metal Deposition (DMD), used in NTi’s patented process for the manufacture of titanium components.

According to RTI, the DMD technology combined with RTI’s raw material and fabrication capabilities has applications in the titanium closed-die forging market, with commercialization opportunities within the next 12 months.