One of the world’s largest producers of titanium raw materials has assessed its prospects for the coming years; this asset will be put up for privatization in October.

Yegor Perelygin, deputy chairman of the United Mining and Chemical Company board, assessed the prospects of the Vilnohirskyy and Irshanskyy mining plants. In his opinion, the Vilnohirsk Mining and Metallurgical plant has a good outlook until 2030, and development after 2030 is currently being evaluated. The production capacity of the Irshansk Metallurgical Plant (Zhytomyr region), which resumed operations in 2024, is 2.5 million cubic meters, which is sufficient to provide at least 15 years of production with capacities of 180,000-200,000 tons per year.

“We have a good understanding of the future development of the entire Irshankyi resource base in the time horizon of 27 years,” added Perelygin.

UMCC is one of the world’s largest producers of titanium raw materials, has 4% of the world market and is among the top ten in the world in terms of production volume. This is one of the main assets in the large privatization program, and will be auctioned on October 9 with a starting bid of ₴3.9B.