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 However, RIKO did not have time to start production – in the summer of 2021, the permit was revoked by the NSDC.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/
Head of the Office of the President of Ukraine Andriy Yermak discussed with American businessman and philanthropist Alexander Soros cooperation in the implementation of the Peace Formula and the restoration of critical infrastructure affected by Russian attacks.
“…Yermak met with American businessman, philanthropist, chairman of the Open Society Foundations network, Alexander Soros. During the meeting, they discussed further cooperation on important issues for Ukraine. It was about the implementation of the Peace Formula, in particular, the points on energy and nuclear security, food security and the release of all captured and deported Ukrainians,” the press service of the President’s Office said on its website on Tuesday.
The parties reportedly paid special attention to the restoration of critical infrastructure. Yermak informed about the consequences of yesterday’s Russian attack and emphasized that it was one of the largest shelling by Russia.
The interlocutors also discussed opportunities for the development of the Ukrainian economy, the restoration and reconstruction of Ukraine, as well as humanitarian policy.
Spain will send 500,000 doses of monkeypox vaccine to African countries, European media reported on Tuesday, citing the country’s Health Ministry.
The agency noted that this is about 20% of the total stock of such vaccines in the country.
In addition, the Spanish Ministry of Health called on all EU members to donate 20% of their stocks.
“It makes no sense to stockpile vaccines where there is no problem,” the Spanish ministry said.
On August 14, the WHO declared a public health emergency in connection with the spread of monkeypox in a number of countries.
Monkeypox is a rare infectious disease most common in remote areas of Central and West Africa. Its symptoms include nausea, fever, rash, itching, and muscle pain. In mild cases, the disease usually resolves on its own and lasts from 14 to 21 days.
Earlier, the Experts Club Information and Analytical Center released a video with a detailed explanation of the origin of the disease and the prospects for its spread – https://youtu.be/YXYU6KcQTcQ?si=wEj2TQc3MPHGx0QY
Svyato-Varvarinskaya Enrichment Plant (SVEP), a part of Metinvest Group and part of Metinvest Pokrovskugol, has produced 1.5 million tons of coal concentrate since the beginning of this year.
According to Metinvest Pokrovskugol, despite the war, the team is meeting all its targets. Since the beginning of the year, the plant has produced 1.5 million tons of high-quality concentrate.
In addition, the company remains among the world’s leading concentrators and the best in terms of efficiency amid the worst of the crisis.
As reported earlier, ZFP enriches raw coking coal produced by Ukraine’s largest coking coal producer, Pokrovske Mine Administration (Donetsk Oblast). Production did not stop during the war.
Earlier, it was planned to mine 5.352 million tons of coal in 2024, of which 2.802 million tons of coal concentrate would be produced.
“Metinvest has established Metinvest Pokrovskugol, which manages the enterprises of the Pokrovsk Coal Group (Pokrovskoye). The company includes, among others, Pokrovskoye Mine Administration and ZZFV.
Svyato-Varvarinskaya Enrichment Plant is a premium coal concentrate producer in Ukraine. Its production capacity is about 8 million tons of raw coking coal per year with the ability to enrich five different classes of coal. Pokrovskoye coal is processed by the coal mining unit.
On August 27, the Poltava Oblast Police Department rejected the offer of Guardian Insurance Company and announced its intention to enter into a contract with Ukrainian Fire Insurance Company (both based in Kyiv) for compulsory motor third party liability insurance (MTPL) and voluntary motor third party liability insurance (hull insurance).
According to a posting in the Prozorro electronic public procurement system, the company’s price offer amounted to UAH 1.886 million with the same expected cost of the services.
The price offer of Guardian Insurance Company was UAH 1.345 million.
UPSK PrJSC was registered in 1993. It specializes, in particular, in insurance of motor vehicles, financial risks, tourists, property, cargo and luggage.
Astarta Agro-Industrial Holding, the largest sugar producer in Ukraine, started sugar beet processing at a plant in Vinnytsia region on August 24, with a total of five plants of the agricultural group operating this season, the press service of the agricultural holding reported on its Facebook page.
According to the report, two plants in Poltava region are scheduled to be launched at the end of the week, and two more in September.
“The season has started successfully. The first plant is now online and operating at full capacity. We will soon start shipping the first batches of high-quality sugar to Ukrainian consumers. In general, our investments in the sugar segment were aimed at improving the energy efficiency of the plants. We also focused on improving staff motivation and product quality,” said Igor Rylyk, Director of Agricultural Processing at Astarta.
At the same time, the agricultural enterprises of the agro-industrial holding, which are the main suppliers of raw materials for Astarta’s sugar factories, continue harvesting sugar beet, the total area of which this year is 38 thousand hectares.
Currently, the holding’s plants are working on their own raw materials, and starting from September 1, sugar beet will be supplied for processing by farms with which Astarta cooperates on a regular basis, the agricultural holding said.
In 2023, Astarta Agricultural Holding grew 39 thousand tons of sugar beet, which is 20% more than a year earlier, thanks to a record yield of 58 tons/ha against 56 tons/ha in 2022, the company’s annual report said on Wednesday evening.
According to the agricultural holding, the record high sugar beet harvest extended the processing period until the end of January 2024. In total, the sugar production campaign in 2023 lasted 130 days, compared to 111 days a year earlier.
“In the 2023-2024 marketing year, Astarta increased sugar production by 34% year-on-year to 377 thousand tons. At the same time, the volume of sugar beet processing in 2023 increased by 37% compared to the same period last year and reached 2.7 million tons. The market share remained unchanged at 21% in 2023.
In 2023, Astarta, the largest sugar producer in Ukraine, reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.
