“Velta” Company stripped about 1 mln cu. m of barren rock since the start of the work

Sep 26, 2011

“Velta” Company stripped about 1 mln cu. m of barren rock since the start of the work. The Company which is building a mining and beneficiation facility in the Kirovograd region, during 5 months of the stripping operations removed almost 1 mln cu. m of the overburden. This was announced by the press service of the Company.

Andriy Brods’ky, General Director of the Company, said that the official opening of the mining and beneficiation facility for processing the ilmenite sands is scheduled for the late autumn of 2011. As of today, “Velta” is the primary employer in the Novomirgorod district of the Kirovograd region.

In September 2011 about 140 people were employed at the Company. When the facility begins the commercial operation the Company will provide jobs for 450 people.