Support The Moscow Times!

VSMPO May Seek Ilmenite

Titanium producer VSMPO-Avisma could be preparing to mine ilmenite in Ukraine, Interfax reported Friday.

The corporation said it had received direct ownership of 75 percent of the Cyprus-registered Limpieza. A representative of the corporation declined to say why the asset had been acquired.

The Ukrainian Anti-Monopoly Committee in December 2011 cleared Limpieza to buy a controlling stake in the Demurinsky Mining and Concentrating Plant, which has mined ilmenite sands at the Volchansky titanium and zirconium deposit in Ukraine's Dnipropetrovsk region since 2002. Ukraine's Volnogorsk Mining and Metallurgical Plant processes the ilmenite. The plant supplies half the ilmenite concentrate produced in Europe and the CIS.

(MT)

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.