After the return of the Zaporozhye Titanium and Magnesium Works to state property, the State Property Fund has invested 120 million UAH in its modernization.
Prime cost of manufacture has decreased by 25%.
Five bi-polar eletrolyzers have been constructed, which will increase spongy titanium output 2-fold.
Moreover, the company will be able to switch to direct electricity purchases.
The cost of spongy titanium increased 2.5-fold, to $8,000 per ton. (Ukrainian metal)