Ukraine: Velta to fire 500 employees
Velta will have to fire 500 employees of its mining and processing works (ilmenite concentrate) in Kirovograd region after the State Geology Service canceled its titanium raw materials mining license.
Ukraine: Velta stops titanium mining
Velta has completely stopped its mining and processing capacities after the State Geology Service revoked its titanium raw materials mining license.
Ukraine: Velta restores 60% of capacities
Velta has started restoring 60% of its capacities lost in the fire a year ago.
Ukraine: Velta received compensation for fire
Assurance company AHA Strakhovanie (Kiev) has paid 26 million UAH for the fire at the Velta Mining and Processing Works in Kirovograd region.
