UKRAINE CUTS TITANIUM ORE EXPORT BY 44% AND REVENUES BY 19% IN JAN-APRIL

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Ukraine in January-April this year reduced its exports of titanium ores and concentrates by 43.7% compared to the same period last year, to 129,212 tons.
According to statistics released by the National Customs Service (STS), in monetary terms, exports of titanium ores and concentrates decreased by 18.6% to $47.247 million.
At the same time, the main exports were destined for the Czech Republic (50.79% of supplies in monetary terms), the United States (18.45%) and China (7.98%).
Ukraine in January-April 2022 imported 100 tons of similar products from Senegal for $138,000, while in January-April 2021 it imported 180 tons from Senegal for $160,000.
As noted, Ukraine increased its exports of titanium ores and in-kind concentrates by 3% in 2021 compared to 2020, to 553,051 tons. In monetary terms, exports of titanium ores and concentrates increased by 17% to $161.914 million. Majot’s exports were destined for Mexico (21.23% of supplies in monetary terms), China (18.17%) and the Czech Republic (14.07%).
In 2021, Ukraine imported 1,172 tons of titanium-bearing ores worth $1.227 million from Senegal (87.03%) and Germany (12.97%), while in 2020, it imported 1,010 tons worth $855,000.
In Ukraine, at present, titanium-containing ores are mined mainly in the PJSC United Mining and Chemical Company (UMCC), under the management of which the Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and the Irshansk mining and processing plant (Zhytomyr region) were transferred, as well as Mezhdurechensk Mining and Concentration Complex LLC and Valki-Ilmenite LLC (both LLCs are located in Irshansk, Zhytomyr region).
In addition, the production and trading company Velta (Dnipro) has built a mining and concentration complex at the Birzulivske deposit with a capacity of 240,000 tons of ilmenite concentrate per year.
Holding company Velta Group Global Ltd. recorded in London in November 2011.

EXPORT, TITANIUM-BEARING ORE

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