Business news from Ukraine

UKRAINE INCREASES EXPORTS OF TITANIUM ORE IN JAN

Ukraine in January 2020 increased exports of titanium containing ore and concentrate in kind by 12.2% compared to 2018, to 52,400 tonnes.
According to customs statistics released by the State Fiscal Service, over the period exports of titanium ore and concentrate in monetary terms decreased by 8.6%, to $12.586 million.
Major exports were made to Mexico (23.84% of deliveries in monetary terms), Russia (18.01%) and Egypt (13.79%).
Ukraine in January 2020 imported 78 tonnes of similar products worth $55,000 from Senegal (805 tonnes for $163,000 in January 2019).
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.

VELTA INDUSTRIAL AND COMMERCIAL FIRM WITH TITANIUM ORE PRODUCTION ASSETS IN UKRAINE SIGNS $100 MLN CONTRACT WITH LUXEMBOURG TRAXYS

Velta industrial and commercial firm LLC with titanium ore production assets in Ukraine (Kirovohrad region) has agreed to supply $100 million of ilmenite, a titanium feedstock, under a five-year supply contract with the Traxys Group, a global commodity trading group, aimed at meeting the needs of the North American market.
Velta said in press release that it has been working in the U.S. market for seven years.
“Given that North America is one of the most stable and fast growing markets, we have decided to enter a longer-term contract, which will ensure additional stability of the company’s operations,” CEO of Velta Andriy Brodsky said.
He said that the main competitive advantage of Velta is that the company produces high-quality high-titanium feedstock, which is currently scarce in the world and in great demand in the U.S. market.
“Titanium Dioxide pigment is a core business of our group. We are pleased to partner with such a high quality and reliable miner as Velta,” Traxys Head of Industrial Minerals Eli Skornicki said.
According to the press release, the ultimate consumer under the contract is Chemours. Chemours is a new kind of chemistry company driven by their purpose to create a more colorful, capable, and cleaner world through the power of chemistry. Chemours is one of the world’s largest manufacturers of titanium dioxide (TiO₂). The company’s Ti-Pure™ brand delivers industry-leading innovation to address the growing worldwide demand for high-quality TiO₂ by developing brighter, more efficient pigments for the coatings, plastics, and laminates markets. Its annual sales exceed $6.5 billion. Chemours employs more than 7,000 people worldwide.
Traxys, headquartered in Luxembourg, is a physical commodity trader and merchant in the metals and natural resources sectors. Its logistics, marketing, distribution, supply chain management and trading activities are conducted by over 400 employees, in over 20 offices worldwide, and its annual turnover is in excess of $7 billion. The group serves a broad base of industrial customers and offers a full range of commercial and financial services.
Velta LLC has been mining and processing titanium feedstock at Byrzulivske deposit in Kirovohrad region since 2012. The company also holds a license for the industrial development of Likarivske deposit with similar feedstock. From 2012 to 2019, Velta mined 1 million tonnes of ilmenite. The total number of jobs exceeds 500. Velta founded a research and development center Velta RD Titan that works on creating new methods for processing titanium feedstock.

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UKRAINE INCREASES EXPORTS OF TITANIUM ORE

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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UKRAINIAN ENTERPRISES CUT EXPORTS OF TITANIUM ORE BY 2% IN JAN-AUG

Ukrainian enterprises cut exports of titanium ore by 2% in Jan-Aug
KYIV. Sept 6 (Interfax-Ukraine) – Ukraine in January-August 2019 decreased exports of titanium containing ore and concentrate in kind by 2.1% compared to January-August 2018, to 410,261 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 14.2%, to $100.226 million.
Major exports were made to Egypt (18.72% of deliveries in monetary terms), the Czech Republic (17.56%), and Russia (16.5%).
Ukraine in January-August 2019 imported 602 tonnes of similar products worth $428,000 from Senegal and Vietnam, while in January-August 2018 it imported 15,677 tonnes of titanium ore and concentrate worth $3.005 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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MAJOR EXPORTS OF TITANIUM ORE FROM UKRAINE ARE MADE TO EGYPT, MEXICO, CZECH REPUBLIC

Ukraine in January-May 2019 increased exports of titanium containing ore and concentrate in kind by 6.1% compared to January-May 2018, to 257,369 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 23.5%, to $62.121 million.
Major exports were made to Egypt (19.94% of deliveries in monetary terms), Mexico (16.52%), and the Czech Republic (14.72%).
Ukraine in January-May 2019 imported 243 tonnes of similar products worth $171,000 from Senegal, while in January-May 2018 it imported 15,457 tonnes of titanium ore and concentrate worth $2.854 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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UKRAINE INCREASES EXPORTS OF TITANIUM ORE IN 2018

Ukraine in 2018 increased exports of titanium containing ore and concentrate in kind by 2.7% compared to 2017, to 599,494 tonnes.
According to customs statistics released by the State Fiscal Service, 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%).
As reported, Ukraine in 2017 increased exports of titanium containing ore and concentrate in natural terms by 26% compared to 2016, to 583,772 tonnes, and in monetary terms exports increased by 25.3%, to $105.235 million.
Major exports were made to the Czech Republic (16.87% of deliveries in monetary terms), the United States (15.46%), and Turkey (14.68%).
Ukraine in 2017 imported 202 tonnes of titanium ore and concentrates worth $143,000 from Senegal (87.41%), Finland (10.49%) and Iran (2.1%), while in 2016 it imported 160 tonnes for $90,000.
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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