The State Service of Subsoil Use has canceled the license of the Motronovsky Mining and Processing Works to extract titanium ores at the Malyshevskoye deposit in Dnipropetrovsk region.
The company has to stop its operation within 10 days.
The end beneficiary of the Motronovsky GOK is Dmitry Firtash.
The cancellation of the license is connected with economic sanctions imposed by the President Wolodymyr Zelenskiy last year. (Ukrainian metal)