Ilmenite deposit was discovered in the 1960-th. In 2007 Velta Company was licensed to develop it. Byrzulivske deposit is the main of them, on the base of which there has been built mining and concentration complex for ilmenite ore treatment within the record-breaking 8 months since the end of 2011. General building input amounted to 122 million dollars.
The manufacturing at the Byrzulivvske deposit started with nominal rating capacity of 185 thousand tons per year, but it’s increased up to 270 thousand tons per year by means of the second MCC stage.
The deposit has 148.9 million cubic meters of titanium ore according to the standards of JORC and 9.45 million tons of ilmenite.More about deposit →
Further production expansion is expected at the nearby Likarivske deposit which is located 7 km away from Birzulivske.
The geological exploration permit was obtained in 2011. The drilling works have been carried out since 2012 and the ilmenite resource base is expected to be amounted to 3 million tons.
The mining and separation complex planned to the construction will have the capacity of 120 ktpa.More about deposit →
The reconstruction of the third stage of Novomyrgorod Park was completed
Our American partners Glenn Myles and Robert James Woolsey joined the Board of Directors of Velta
The Disctrict Administrative Court of Kyiv declared the suspension of the license illegal and obliged the State Service for Geology and Subsoil of Ukraine to issue a special permit for subsoil use at Byrzulivske deposit to Velta
The State Service for Geology and Subsoil of Ukraine suspended the license for the use of Byrzulivske deposit in its Order No.311
Reconstruction of the second part of Novomyrgorod central park was completed
Velta RD Titan, a joint venture associated with Velta LLC, presented the development of an innovative method for obtaining TiO2
The first stage of the reconstruction of Novomyrgorod central park was completed
A special permit for the subsoil use at Likarivske deposit was obtained from the Kirovohrad Regional Council
Velta signed the Memorandum on Strategic Cooperation with CMC Cometals to build a mining and processing complex at Likarivske deposit and attract $30 million of investment
The exploration of Likarivske deposit was completed
Velta received the court injunction on suspending the license and restarted the operations at the mining and processing complex
State Service of Geology and Mineral Resources of Ukraine abolished own Order №374, which aborted working process on mining and processing complex
Company resumes activity after decision of the District Administrative court of Kyiv
Mining and Processing Complex completely stopped their units due to Order № 374 of the State Service of Geology and Mineral Resources of Ukraine, which was suspended a special permit for subsoil use
Start of construction of separation Plant #1
Financing of the reconstruction of Plant #1 started
The company has received the first payment from insurance recovery Plant #1
In 2 weeks Velta terminated the reconstruction and restoration works and started the scheduled operations at the Plant №2
The fire occurred at the Plant №1 of the MSC destroyed 60% of the total complex capacity
Velta has changed the priority of its social activity to ATO injured soldiers support
BT “Kirovohrad” won Championship in High League of Ukraine
The second MCC stage has been built and all capital works have been finished. The general capacity of MCC comes up to 300 thousand tons per year.
The first stage of MCC has achieved the full productive capacity.
Byrzuliv raw material stocks have been estimated according to international system JORC.
Production capacity expansion of the Birzulivske mineral Processing plant
The company has started commercial ilmenit shipments
Velta's Processing Plant was granted an award of "The best investment project of 2011 in Ukraine
Drilling program commenced at Likarivske deposit
The Processing Plant was opened
Geological exploration permit was obtained for Likarivske deposit
Velta trade company is established for trade flow optimization
Velta LLC re-registstered in the Kirоvograd region
Construction works started at Birzulivske deposit
Construction permit was obtained for Birzulivske deposit
Received the positive conclusion of the state projects expert agency
Agreements of social partnership were signed between the Company and the Kirovograd Regional Administration and Rada (Council)
Velta’s team of engineers starts design of the Processing plant
Velta obtained permit for industrial facilities design works
A certificate of Deposit Mining Allotment was obtained
Licence for industrial mining of Birzulivske deposit was obtained
First stage of the open pit development project prepared by Krivbasproekt Institute
The assessment and approval of the deposit resources at the State Committee of natural resources of Ukraine
Exploration works started
Mr. Andriy Brodskiy became CEO of Velta LLC
Permit for geological exploration of Birzulivske deposit
Velta LLC was founded
Every grand project starts with strong believe in achievement of the goal and professional team which keeps on moving forward overcoming any obstacles.
Possessing both of these main components nowadays Velta takes its place at the titanium world market. Our production is a basis of continuous innovative move. We are the innovators developing our business leading to progress.
The goal of Velta team is to build the resource bridge between Ukraine and world consumers.
Having successfully accomplished the construction stage of the project we see our mission today in establishing and developing the reliable and long-term partnerships with the global industry players, as well as with Ukrainian community, to which we feel responsible for its social and environmental progress.
Our team is dynamic and creative in its future aims of the active development of the group’s titanium assets. In the nearest future we are going to expand our production by constructing the Likarivske mining and processing complex. To ensure the growth potential Velta keeps on assisting in geological explorations of the Ukrainian mineral sand deposits, as well as it works out a vertical integration development strategy designing the titanium slag plant for further upgrading of our main product.
Education: graduated from Dnipropetrovsk National Mining University majoring in "Beneficiation of mineral resources".
In 2010 received MA degree in Information Management Systems and Technologies at Dnipropetrovsk National University.
In 2015 received MA degree in Finance at Dnipropetrovsk national mining academy.
In 2016-2018 completed the Executive MBA (EMBA) programme within the scope of EuroMBA at HHL Leipzig Graduate School of Management, EADA Business School Barcelona, Aix-Marseille Graduate School of Management - IAE, School of Business and Economics of Maastricht University, Kozminski University, Audencia Business School Nantes.
Since 2011, he has been working in financial department of Velta LLC.
Appointed as Financial Director of Velta LLC in 2017.
Education: In 1998 graduated from Dnipropetrovsk State University majoring as "Practicing psychologist. Teacher of English" 1997-1998 passed an intensive business course in management, marketing and finance at French-Ukrainian institute of business. 1998-1999 passed a training practice in psychology at Lumiere University, Lyon 2, France. Has a good command of English and French. 2014 - second basic higher education at Dniptopetrovsk National University majoring in "Economics of Enterprise"
Education: In 1987 graduated from Dnipropetrovsk State University majoring in "Robots and Technical Systems", specialty engineer – mechanic Joined Velta in 2011
Education: In 2003 graduated with Honors from the National Mining University majoring in "Beneficiation of mineral resources" and obtained the qualification of mining engineer. 2004-2006 – second basic higher education at the same university majoring in "Economics and entrepreneurship".
Education: In 1999 graduated from the National Mining Academy majoring in "Mining equipment".
Education: 2012 graduated from the Dnipropetrovsk State University majoring in journalistic. Press – secretary “Interfax” cources. 2014 "Project Management for creative teams. Agile in action" Kievo-Mogila Business School. 2014 – 2015 "Internet Marketing" course, Computer Academy "Shag"