Rescheduled sale of former Firtash titanium plant attracts broad interest.

18 domestic and international companies have expressed interest in buying the United Mining and Chemical Company (UMCC) – the largest titanium ore producer in Europe and the country’s most attractive asset so far – the State Property Fund has reported. The starting price has been set at $125 million. Last month the sale had to be postponed because potential buyers complained they had not been given sufficient time to prepare the necessary documents. Foreign interest has come from companies in the US, India, Japan, Australia, Estonia, Turkey, the UAE, Britain, and Hong Kong.