Extraction of ilmenite ores for the production of titanium raw materials and metallic titanium (on the basis of the licensed section of the subsoil of the Polokhiv deposit)

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.). Zhytomyr region. Financial structure of the project – CAPEX 98% All other stages of the project – 98% of financing from the investor-owner of a special permit. The project is designed for a period of 17   years of intensive development. It is planned to create 650+ jobs; The project involves two stages – 1st – creation of capacities for extraction of titanium raw materials, 2nd – creation of titanium silage processing facilities.

More information
Estimated budget
USD 193 million
Implemented by
STATE SERVICE OF GEOLOGY AND SUBSOIL OF UKRAINE

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