Ukraine to divest UMMC titanium business

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War In Ukraine News

Neqsol Holding,Cemin Ukraine,Nasib Hasanov

Sensitive titanium assets to be sold to Azerbaijani-led consortium

Ukraine is set to divest its state-owned mineral sands business to an Azerbaijani-led consortium, after running them for a decade. In a statement last week, the Ukranian State Property Fund announced that it had approved the sale of

began production as a state-owned company in 2014, following the Russian annexation of Crimea. announced that it had successfully qualified its ilmenite for use by US pigment producers, with discussions also in place with a European buyer. As a result,

 

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