This November “Velta” will represent the Ukraine at the World Titanium Industry Congress in Hong Kong

Nov 7, 2011

This November “Velta” will represent the Ukraine at the World Titanium Industry Congress in Hong Kong. “Velta” Company that is building a mining and beneficiation plant for mining and processing of the ilmenite concentrate in Kirovograd region will represent its project at the 5th World Congress of the titanium industry in Hong Kong that will take place 9-11 November 2011.

The Congress is annually attended by about 300 representatives of the titanium industry, from producers of the raw materials to ultimate consumers. This year the forum will be attended by the industry leaders representing Rio Tinto, Illuka, Kenmare and others.

The presentation by “Velta” general director Andriy Brods’ky is scheduled at the special section dealing with the new projects of the titanium raw material producers. It should be noted that the Ukrainian company features its own advantages: taking into regard the acute deficit of the raw material on the market lately, “Velta” is the only novel company that is already ready to sell of the product in 2012.

It’s worth reminding that “Velta” started building the abovementioned facility for the development of the Birzulovo ilmenite deposit in the Kirovograd region at the beginning of 2011. The facility commissioning was scheduled for November-December 2011. The annual capacity of the facility in 2012 will be 240 thousand mt.

Note: The Company “Velta” (Dniepropetrovsk) was established in 2000 with the purpose of developing the Birzulovo deposit of ilmenite in the vicinity of the Korobchino village, Novomirgorod district, Kirovograd region. Andriy Brods’ky is the general director of the Company and the initiator of the deposit development. The planned number of personnel at the facility is 450 people.