Brief: Norsk Titanium Q1 Revenue From Parts At USD 0.03 Mln

Norsk Titanium AS

19/05/2022 06:16

May 19 (Reuters) - Norsk Titanium AS  NTI.OL :
    * NORSK TITANIUM: Q1 2022 UPDATE - PROGRESSING AS PLANNED
    * IN Q1 2022, NORSK TITANIUM GENERATED REVENUE FROM PARTS OF
USD
0.03 MILLION.
    * IN PLACE TO SUPPORT PRODUCTION FOR USE IN DEFENSE
PROGRAMS. WE
EXPECT TO BEGIN PRODUCTION FOR US DOD CONTRACTORS THIS YEAR.
    * IN INDUSTRIAL MARKET, TESTING WITH HITTECH CONTINUES ON
SCHEDULE
IN Q1 AND WE EXPECT TO BE IN RECURRING PRODUCTION IN 2022."

Source text for Eikon:  ID:nObiSrcH2a 
Further company coverage:  NTI.OL 

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