Yuzhniy Mining and Processing Works has switched to operation according to martial law and will meet its target to produce iron ore concentrate in March. On March 16, the company carried out a controlled explosion, the first since the war started. The volume of rock available for excavation is 350 thousand cubic meters. Iron ore…
In 2021, capital investments in the mining and metallurgical complex of Ukraine grew by 32.7% YoY, to $1.82 billion. According to the Service of State Statistics, in metal industry the growth was 36.7%, to $75.4 million, while in metallic ore mining – 29.2%, to $948.7 million. The volume of investments in the segment of iron…
Velta LLC with titanium ore assets in Kirovorgad region is developing its own technique to produce metallic titanium that can replace Russian metal on world market due to the increase in demand for armaments. According to the company deputy CEO Yelena Lesnyak, there is a shortage of titanium in the world. “Russia occupied 13% of…
