Four titanium, three hydrocarbon and two ore licenses were revoked
Friday by the National Security and Defense Council, council secretary Oleksiy Danilov told reporters. Held for as long as four years, the licenses were never used. Danilov believes companies sat on the licenses to prevent rivals from producing. The Council is auditing all mining licenses issued since 1994. By Sept. 1, all 3,000 mining licenses are to be posted on the government’s Geoinformation Portal.