25.7 C
Supported byspot_img

Ukraine's 2016 exports of titanium ore up 57.1% on year

Member of Europium Groupspot_img
Supported byspot_img

Ukraine’s exports of titanium ore and concentrate rose 57.1% year-on-year to 463,390 mt in January-December 2016 from 295,020 mt in 2015, the state customs service reported Tuesday.

Revenues from exports of the commodity rose to $84 million from $72 million in 2015, the customs service said.

In January through December Ukraine shipped 35.3% of the total exports of the commodity to Russia, 18.4% to the United States, 12.4% to the Czech Republic and 33.9% to other countries, the customs service said.

Supported by

In December alone, Ukraine exported 44,920 mt of titanium ore and concentrate, up from 35,750 mt in December 2015 and 42,680 mt in November, the customs service said.

Titanium ore is used for titanium sponge production.

Ukraine produces titanium ore concentrate mostly at Vilnohirsk mining and metallurgical plant and Irshansk mining and processing plant. Both plants are part of the state-owned United Mining and Chemical Company.

source: platts.com

Supported byElevatePR Digital

Related News

Ukraine’s strategic importance in global critical raw material supply chains amid geopolitical dynamics

Ukraine's role in global supply chains for critical raw materials is increasingly pivotal amidst ongoing geopolitical challenges. These include the Russian invasion of Ukraine,...

Nornickel in talks with China Copper for copper smelting venture in China

Russian mining giant Nornickel is reportedly in discussions with China Copper to establish a smelting facility in China. This joint venture aims to relocate...

Pan Asia Metals secures option agreement for RK Lithium Prospect in Thailand

Pan Asia Metals Limited has taken a significant step forward by securing an exclusive option agreement for the RK Lithium Prospect in Thailand. This...

Critical Metals partners with Obeikan Group to build lithium hydroxide plant in Saudi Arabia

Mining company Critical Metals has finalized a joint venture (JV) agreement with the Obeikan Group to establish a lithium hydroxide processing plant in Saudi...
Supported by
Supported by
Supported by
error: Content is protected !!