Rustem Umerov, the head of the State Property Fund, said that the big privatization included the state-owned company United Mining and Chemical Company.

UMCC used to export products to more than 30 countries and was one of the largest titanium raw materials manufacturers globally, occupying 4% of the world titanium ore market.

In 2021, the privatization of the company was postponed three times. (Ukrainian metal)

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