Business news from Ukraine

UKRAINE INCREASES EXPORTS OF TITANIUM ORE

13 November , 2019  

Ukraine in January-October 2019 increased exports of titanium containing ore and concentrate in kind by 1.4% compared to January-October 2018, to 516,561 tonnes.
According to customs statistics released by the State Fiscal Service, over the period exports of titanium ore and concentrate in monetary terms increased by 19.1%, to $126.621 million.
Major exports were made to the Czech Republic (18.67% of deliveries in monetary terms), Russia (16.82%), and Egypt (16.57%).
Ukraine in January-October 2019 imported 711 tonnes of similar products worth $500,000 from Senegal and Vietnam, while in January-October 2018 it imported 15,797 tonnes of titanium ore and concentrate worth $3.088 million from Senegal.
As reported, Ukraine in 2018 increased exports of titanium containing ore and concentrate in kind by 2.7% compared to 2017, to 599,494 tonnes. Last year exports of titanium ore and concentrate in monetary terms increased by 19.5%, to $125.722 million. Major exports were made to the Czech Republic (19.41% of deliveries in monetary terms), Turkey (17.96%), and Russia (15.68%).
Ukraine in 2018 imported 15,874 tonnes of similar products worth $3.142 million from Senegal and Mozambique, while in 2017 it imported 202 tonnes of titanium ore and concentrate worth $143,000 from Senegal (87.41%), Finland (10.49%), and Iran (2.1%).
Vilnohirsk state mining and metallurgical combine (Dnipropetrovsk region), Irshansk state mining and processing combine (Zhytomyr region), Valki-Ilmenite and Mezhdurechensk Mining and Concentration Complexes (both are located in Irshansk, Zhytomyr region) are the main producers of titanium ore in Ukraine.
Dnipro-based Velta production and commercial firm built a mining and processing complex at the Birzulivske ilmenite deposit, which has a 240,000-tonne ilmenite concentrate capacity per year.
Holding company Velta Group Global Ltd. was registered in London in November 2011.

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