Velta with titanium ore assets in Novomirgorod (Kirovograd region) intends to relocate its capacities from Dniepropetrovsk region to a safer place.
Earlier the company has suspended construction of a titanium wares plant in Novomoskovsk (Dniepropetrovsk region) and is now working to relocate it.
“Due to war we were forced to suspend construction. There were a number of air strikes in Novomoskovsk close to our site. And our technology has a very big chemical component. So we have no moral right to endanger people,” the company CEO Andrei Brodskiy wrote on Facebook. (Ukrainian metal)