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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
______________________
FORM 8-K
______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 9, 2022
______________________
Allegheny Technologies Incorporated
(Exact name of registrant as specified in its charter)
______________________
Delaware 1-12001 25-1792394
(State or other jurisdiction
of incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)
1000 Six PPG Place,Pittsburgh,Pennsylvania 15222-5479
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (412) 394-2800
N/A
(Former name or former address, if changed since last report).
______________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading
Symbol(s)
 Name of each exchange
on which registered
Common Stock, par value $0.10 per share ATI New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  







Item 8.01 Other Events.

On March 9, 2022, Allegheny Technologies Incorporated (the “Company”) issued a press release (the “Press Release”), announcing the termination of Uniti, LLC, its joint venture with Russian-based VSMPO-AVISMA (Verkhnaya Salda Metallurgical Production Association - Berezniki Titanium-Magnesium Works). The joint venture is expected to wind up no later than year-end 2022. The press release is set forth in its entirety and attached as Exhibit 99.1 to this Form 8-K.

Item 9.01.     Exhibit.
(d)Exhibit 99.1
Exhibit 104Cover Page Interactive Data File (embedded within the Inline XBRL document).





SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   ALLEGHENY TECHNOLOGIES INCORPORATED
   By:/s/ Donald P. Newman
    Donald P. Newman
    Executive Vice President, Finance and Chief Financial Officer
     
           Dated:March 9, 2022   





                 NEWS RELEASE

Allegheny Technologies IncorporatedInvestor Contact:Media Contact:
Corporate HeadquartersScott A. MinderNatalie Gillespie
1000 Six PPG Place412-395-2720412-394-2850
Pittsburgh, PA 15222-5479 U.S.A.[email protected][email protected]
www.ATImetals.com


ATI Announces Termination of Joint Venture with Russian-based VSMPO

PITTSBURGH, PA—March 9, 2022—Today, ATI (NYSE: ATI) announced the termination of Uniti, LLC, its joint venture with Russian-based VSMPO-AVISMA (Verkhnaya Salda Metallurgical Production Association - Berezniki Titanium-Magnesium Works) to market and sell a range of commercially pure titanium products. The joint venture primarily focused on selling to industrial markets such as power generation, chemical and petroleum processing, automotive, and transportation. It does not serve the aerospace, defense or medical markets. The joint venture is expected to wind up expeditiously, no later than year-end 2022.

“We appreciate our nearly 20-year collaboration and thank our partners for working with us to serve our shared customers,” said Kevin Kramer, board member of the joint venture and Chief Commercial & Marketing Officer of ATI.

ATI: Proven to Perform.

ATI (NYSE: ATI) is a $3 billion global producer of high performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We’re solving the world’s most difficult challenges through materials science. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Learn more at ATIMetals.com.
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