Expansion of processing capacities of ilmenite ores for the production of titanium raw materials and metallic titanium (on the basis of a single property complex of the United Mining and Chemical Company (UMC)

Purpose

The project concerns the mining industry of Ukraine and, in case of full implementation – involves the creation of high-tech titanium production – of a product of a strategic nature for modern high-tech industries (automotive, aviation, military, medical   industry, etc.). The location is Berdychiv, Zhytomyr region. Financial structure of the project – CAPEX 100% All other stages of the project – 100% financing by the investor-owner of a special permit. The project is designed for a period of 15+   years of intensive development. It is planned to create 500+ jobs; The project involves two stages – 1st – modernization of existing capacities; 2nd - increase of raw material production; 3rd – creation of new capacities for the production of final products from titanium for the aerospace and automotive industries, medicine.

More information
Estimated budget
USD 11 million
Implemented by
STATE SERVICE OF GEOLOGY AND SUBSOIL OF UKRAINE

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