Ukraine plans to auction Europe’s largest titanium and zirconium miner on Aug. 31,
Dmytro Sennychenko writes on Facebook. With a starting price of $137 million for United Mining and Chemical Company, the sale will be the first large privatization since the 2014 Revolution of Dignity. One of the world’s top 10 miners of titanium and zirconium ores, the company had these global market shares last year: rutile – 6.2%; ilmenite – 2.3%, zirconium – 1.4%. The company produces 350,000 tons of concentrates and exports to 35 countries.