The State Service of Geology and Subsoil has prolonged the right of the United Mining and Chemical Company to develop the Malyshevskoye deposit of titanium ores by 20 years.
“This will provide for a stable operation of Volnogorsk Works for years, as well as tax payments to the budget and the development of the community”, acting chairman of the board Yegor Perelygin has said.
The development of the deposit began in 1961. (Ukrainian metal)