On September 19th 2011, Aubert & Duval of ERAMET Group and UKTMP inaugurated their UKAD titanium ingot processing unit in Saint Georges de Mons, in the presence of the Deputy Prime Minister of Kazakhstan and the Prefect of the Auvergne Region.

UKAD will be involved in manufacturing and selling titanium products (billets, bars, wire, sheets) mainly required for the aerospace market.

This EUR 47 million investment has been supported by the signing of a long term Airbus and EADS contract meaning that UKAD is guaranteed USD 1.2 billion worth of business up to 2022. The creation of UKAD will enable to UKTMP, UKAD and Aubert & Duval group of companies to develop an integrated titanium sector and create a strong position among global market leaders.

UKAD society has been officially created on December 24th 2008. Aubert & Duval and Ardor Holding (UK) Limited (UKTMP's partner for the sale of the Kazakh Company) both hold 50% of the shares of the JV.