Ukraines cooperation with Japan continues: investments and development of the titanium industry

In February, Vitaliy Koval, Chairman of the State Property Fund of Ukraine, visited Tokyo as part of a government delegation. Today, he met with representatives of the JICA agency and Toho Titanium to discuss Japanese business investment in Ukraine's titanium industry.

I presented the largest enterprises in this sector managed by the Fund: «United Mining and Chemical Company», «Demurinsky Mining and Processing Plant», «SUMYKHIMPROM», «Zaporizhzhya Titanium and Magnesium Plant», and others. The State Property Fund of Ukraine aims to restore and develop the titanium industry using the experience of its Japanese partners.

The Chairman of the State Property Fund said: "I am convinced that Ukraine can become a titanium partner for the whole world, because we have deposits and primary processing. Today, we need investments, experience and technology to develop."

The SPFU manages the Titanium Institute, which specializes in research and development of innovative solutions for the titanium industry. This institute carries out a wide range of developments aimed at improving the technologies for the extraction, processing and use of titanium materials for different countries.

"Today it is important for Ukraine to launch the processing of titanium ores. Now we need to do everything possible to prevent Ukrainian raw materials from getting to the Russians," said the Chairman of the SPFU.

For reference. «Toho Titanium»specializes in production technologies for various fields based on titanium metals and raw materials from various deposits, including those located in Ukraine.