Tarasivske titanium ore deposit (Kyiv region, see news image) has been included in the draft list of subsoil areas of strategic importance to be provided for use through auctions for the sale of special permits for subsoil use. NADRA.INFO reports.
As soon as the Cabinet of Ministers of Ukraine approves this list, the State Service of Geology and Subsoil of Ukraine will be able to put the right to use the Tarasivske field up for online bidding. This is the only site with strategic subsoil from Kyiv region included in the draft list.
“Tarasivske [deposit] is interesting because it is a polymineral deposit. There are mono-mineral titanium placer deposits, such as Irshanske and Birzulivske. This one is polymineral: ilmenite, staurolite, zircon, rutile, etc. … From an economic point of view, I also think that there would be an investor for such an object. Although there are pros and cons. For example, a high degree of exploration with high categories of reserves, i.e. readiness for development. Atthe same time, given the amount of minerals, additional technological research may be required,“ Natalia Baryatska, Doctor of Geology, founder of Softmine service company, SCC expert, told NADRA.INFO.
The Tarasivske field has already been provided for use. The special permit No. 5471 for the extraction of zircon-rutile-ilmenite ores and related components (vanadium oxide, scandium) has been held by Rutile-Ilmenite Company LLC* (RIKO LLC) since 2012.
In October 2020, the company updated the Subsoil Use Agreement, and the preparation of the deposit for open-pit mining and the start of production were scheduled for 2022. However, RIKO did not have time to start production – in the summer of 2021, the permit was revoked by the NSDC.
Source: https://nadra.info/2024/08/a-deposit-of-titanium-ores-in-the-kyiv-region-may-be-put-up-for-auction/
