In January-May this year, Ukraine reduced exports of titanium ores and concentrate in physical terms by 43.1% year-on-year to 3,207 thousand tons.
According to statistics released by the State Customs Service (SCS) on Thursday, exports of titanium ores and concentrate decreased by 43.5% to $5.303 million in monetary terms.
The main exports were to Turkey (68.87% of supplies in monetary terms), the Philippines (6.32%) and Poland (5.83%).
At the same time, experts point to inconsistencies in the statistics on titanium ore exports. In particular, at the request of Interfax-Ukraine, Velta Production and Commercial Firm (PCF) LLC with titanium ore mining assets in Novomyrhorod (Kirovohrad region) reported that in January-February 2024 alone, the company exported more than 15 thousand tons of ilmenite (titanium concentrate) to the Czech Republic and Mexico. At the same time, experts believe that the GTS provides data only on the supply of rutile (also a titanium-containing ore).
In five months of 2024, Ukraine imported 56 tons of titanium ore from China worth $86 thousand.
As reported, in 2023, Ukraine reduced exports of titanium ore in physical terms by 96.4% compared to 2022 – to 11,648 thousand tons, while revenue decreased by 85.1% to $19.426 million. At the same time, the main exports were made to Turkey (38.21% of supplies in monetary terms), Japan (16.53%) and India (6.12%).
During this period, Ukraine imported 1 ton of such ore from the Netherlands for $2 thousand.
In 2022, Ukraine decreased exports of titanium ore by 41.8% year-on-year to 322.143 thousand tons, and by 19.6% in monetary terms to $130.144 million. The main exports were made to the Czech Republic (47.91% of supplies in monetary terms), the United States (11.94%) and Romania (9.75%).
In 2022, Ukraine imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.
In Ukraine, titanium ores are currently mined mainly by the United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipro region) and Irshansk Mining and Metallurgical Plant (Irshansk, Dnipro region). ) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region), as well as Mezhirichinsky GOK and Valky Ilmenite (both based in Irshansk, Zhytomyr region). In addition, Velta (Dnipro) has built a mining and processing plant at Birzulivske deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
In addition, Velta, a Dnipro-based industrial and commercial company, has built a mining and processing plant at the Birzulivske deposit with an annual capacity of 240 thousand tons of ilmenite concentrate.
In January of this year, Ukraine reduced exports of titanium ores and concentrate in physical terms by 2.4 times compared to the same period last year – to 865 tons from 2,066 thousand tons.
According to statistics released by the State Customs Service on Friday, exports of titanium ore and concentrate decreased by 57.3% to $1.414 million in monetary terms.
The main exports were to Turkey (67.26% of supplies in monetary terms), the UAE (14.50%) and the Czech Republic (5.16%).
Ukraine did not import these products in the period under review.
As reported, in 2023, Ukraine reduced exports of titanium ores in physical terms by 96.4% compared to 2022, to 11,648 thousand tons, and revenue by 85.1%, to $19.426 million. At the same time, the main exports were to Turkey (38.21% of supplies in monetary terms), Japan (16.53%) and India (6.12%).
During this period, Ukraine imported 1 ton of such ore from the Netherlands for $2 thousand.
In 2022, Ukraine decreased exports of titanium ore by 41.8% year-on-year to 322.143 thousand tons, and by 19.6% in monetary terms to $130.144 million. The main exports were made to the Czech Republic (47.91% of supplies in monetary terms), the United States (11.94%) and Romania (9.75%).
In 2022, Ukraine imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.
In Ukraine, titanium ores are currently mined mainly by the United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipro region) and Irshansk Mining and Metallurgical Plant (Irshansk, Dnipro region). ) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region), as well as Mezhirichinsky GOK and Valky Ilmenite (both based in Irshansk, Zhytomyr region). In addition, Velta (Dnipro) has built a mining and processing plant at Birzulivske deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
In addition, Velta, a Dnipro-based industrial and commercial company, has built a mining and processing plant at the Birzulivske deposit with an annual capacity of 240 thousand tons of ilmenite concentrate.
In January-September this year, Ukraine reduced exports of titanium ores and concentrate in physical terms by 96.3% compared to the same period last year, to 9,033 thousand tons.
According to statistics released by the State Customs Service, exports of titanium ores and concentrate decreased by 84.7% to $15.104 million in monetary terms.
The main exports were to Turkey (36.06% of supplies in monetary terms), Japan (21.25%) and India (6.75%).
During the period, Ukraine imported 1 ton of such ore from the Netherlands for $2 thousand.
As reported, in 2022, Ukraine reduced exports of titanium ore and concentrate in physical terms by 41.8% compared to the previous year to 322.143 thousand tons, and in monetary terms by 19.6% to $130.144 million. At the same time, the main exports were made to the Czech Republic (47.91% of supplies in monetary terms), the United States (11.94%) and Romania (9.75%).
In 2022, Ukraine imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.
In Ukraine, titanium ores are currently mined mainly by the United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipro region) and Irshansk Mining and Metallurgical Plant (Irshansk, Dnipro region). ) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region), as well as Mezhirichinsky GOK and Valky Ilmenite (both based in Irshansk, Zhytomyr region).
In addition, Velta (Dnipro) has built a mining and processing plant at Birzulivske deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
Ukraine in January-March this year reduced exports of titanium-containing ore and concentrate in physical terms by 95.8% as compared to the same period last year – to 4.148 thousand tons.
According to statistics released by the State Customs Service (SCS), exports of titanium ores and concentrates decreased by 82.2% to $6.781 million.
At the same time, the main exports were shipped to Japan (47.35% in monetary terms), Turkey (19.73%) and India (8.89%).
Ukraine did not import these products during this period.
As previously reported, in 2022, Ukraine reduced the export of titanium ore and concentrate in volume terms by 41.8% compared with the previous year – up to 322.143 thousand tons, in monetary terms by 19.6% – to $130.144 million. With that, the main exports were shipped to the Czech Republic (47.91% in monetary terms), the United States (11.94%) and Romania (9.75%).
In 2022, Ukraine imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.
In Ukraine, the titaniferous ores are currently mined mainly at United Mining and Chemical Company PJSC (UMCP), which controls Volnogorsky Integrated Mining and Metallurgical Plant (VMMC, Dnepropetrovsk Region) and Irshansky Integrated Mining and Processing Plant (IGOK, Zhitomir Region), as well as at Mezhdurechensky GOK LLC and Valki Ilmenit LLC (both Irshansk, Zhitomir Region).
In addition, the production and commercial firm VELTA (Dnipro) has built a GOK at the Birzulovskoye deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
Velta US Inc (the United States), the parent company of Production and Commercial Company Velta LLC with assets for the extraction of titanium containing ores in Novomyrhorod, Kirovohrad region, from January 31 this year began a series of multi-round negotiations with American partners to develop a roadmap for interaction between the Ukrainian supplier of titanium raw materials and U.S. companies and institutions that are consumers of titanium.
In 2022, supplies to the North American market will account for 65% of Velta’s total production, according to a company press release. Such growth is dictated by the shortage of high-quality titanium raw materials in the United States, as well as the high level of American interest in Ukrainian titanium, which is fixed in the law on the budget for national defense.
It is especially important for Velta to start negotiations with American partners right now, Matthew Murray, a member of the advisory board of Velta US inc. and moderator of the talks, believes.
National Defense Authorization Act No. 6505 for Fiscal Year 2022 requires the U.S. Department of State within 180 days to draw up a report on reducing America’s dependence on titanium supplies from China and Russia, including by increasing supplies from Ukraine, the press release says.
“We are firmly convinced that the new stage of negotiations will help find new points of intersection between Velta and our American partners in the titanium industry,” Andriy Brodsky, the CEO of Velta, stated.
As reported, Velta US Inc intends to increase supplies of ilmenite concentrate to the U.S. by 15-23% in 2022. At the same time, in January, Velta held a meeting of the advisory board, formed in October 2021, to discuss further expanding the company’s presence in the U.S. market, taking into account the analysis of signed contracts for 2022.
Velta US Inc (the United States), the parent company of Production and Commercial Company Velta LLC with assets for the extraction of titanium-containing ores in Novomyrhorod, Kirovohrad region, intends to increase supplies of ilmenite concentrate to the United States by 15-23% in 2022.
According to the company’s press release, Velta in January held a meeting of the advisory board formed in October 2021 to discuss further expanding the company’s presence in the U.S. market, taking into account the review of signed contracts for 2022.
“This year, the company will increase its supplies of ilmenite concentrate to the U.S. by 15-23%. This process is also facilitated by the shortage of high-titanium raw materials in the North American market, which Velta is able to fully satisfy. I believe that this is only the beginning, and the company has great growth prospects, especially in the U.S. market,” Matthew Murray, a member of the advisory board of Velta U.S. Inc., the former deputy assistant secretary of commerce for Europe, the Middle East and Africa, said.
During the meeting, Andriy Brodsky, the CEO of Velta, voiced his support for the recently passed Section 6505 of the FY 2022 National Defense Authorization Act by the U.S. authorities, which calls for the U.S. Department of State to prepare a report on U.S.-Ukrainian cooperation in the context of reducing America’s dependence from titanium supplies from China and Russia, including due to an increase in supplies from Ukraine.
“Velta is ready to get involved in the process of developing mechanisms for cooperation between the United States and Ukraine regarding the supply and processing of titanium, as well as provide any necessary information and data for the formation of the Department of State report on the creation of new supply chains in the United States,” Brodsky said.
At the same time, it is noted that positive trends in Velta’s cooperation with American partners can become catalysts for the expansion of the existing mining complex and the launch of the Lekarevsky asset.
As reported, Velta US Inc created an advisory board on October 13, 2021 and is conducting a separation of mining and innovation business areas. At that time, it was announced that Matthew Murray, as the first member of the advisory board, would oversee the development of the company’s strategic vision and partnership in the U.S. market.
