The United Mining and Chemical Company plans to export more than 200,000 tons of titanium ore next year.

Tuesday, November 28, 2023
The United Mining and Chemical Company plans to export more than 200,000 tons of titanium ore next year.

Preliminary negotiations have been held with leading companies in America, Japan, the UK, and the EU. Work has begun on the next stages of negotiations with counterparties and other procedures that precede the signing of contracts.

At the same time, it is noted that the blockade of export routes and shelling of the maritime infrastructure by the Russian Federation has led to disruptions in terms of product delivery to customers. This directly affects the image of Ukrainian exporters and delays payment for goods. However, in such conditions, it is crucial to develop alternative avenues of cooperation and to expand them. This is a priority for company management.

UMCC previously sold products in more than 30 countries and was one of the world’s largest producers of titanium raw materials, occupying 4% of the world market.

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