Extraction of ilmenite ores for the production of titanium raw materials and metallic titanium (on the basis of the licensed section of the subsoil of the Polokhiv deposit)


The purpose of the project:

Capacity building

Key spending unit
Ministry of Environmental Protection and Natural Resources of Ukraine
Functional classification of expenditures and budget crediting
0470 - Інші галузі економіки
Target priority of the government
990100 - Інші пріоритети Уряду
Score
0.76

Basic data

Detailed description of the project

The project concerns the mining industry of Ukraine and, in case of full implementation – involves the creation of high-tech titanium production – of a product of a strategic nature for modern high-tech industries (automotive, aviation, military, medical   industry, etc.). Zhytomyr region. Financial structure of the project – CAPEX 98% All other stages of the project – 98% of financing from the investor-owner of a special permit. The project is designed for a period of 17   years of intensive development. It is planned to create 650+ jobs; The project involves two stages – 1st – creation of capacities for extraction of titanium raw materials, 2nd – creation of titanium silage processing facilities. 

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Problems

Current status, description of problems and needs for their solution
A detailed description of the project goal and the way to achieve it
- the creation of mining capacities and processing production with the involvement of modern technologies for the processing of ilmenite ores and the production of final products from titanium - the creation of 2 stages of added value; - creation of more than 500 jobs; - involvement of modern technologies; - increase of the share of Ukraine as a titanium exporting country in the world market by 2% (world share of production);

Coordination of the project with strategic documents

Priority action plan of the government
The project meets the goals of the Ukraine Facility

Involved organizations

Organization
MINISTRY OF ENVIRONMENTAL PROTECTION AND NATURAL RESOURCES OF UKRAINE
Roles
  • Project author
  • An initiator
EDRPOU code
43672853
Organization
Ministry of Environmental Protection and Natural Resources of Ukraine
Roles
  • Key Spending Unit
EDRPOU code
270

Demand for the service and its dynamics

Category
Year
Rating
Measure

Project indicators

Indicator
Base value
Target value
Information is absent

Project plan

Information is absent

Gallery

DREAM Code

DREAM-UA-190824-ACD58A87

Status

Active

Create date

19.08.2024

Estimated budget

8'000'000'000

Project creator

MINISTRY OF ENVIRONMENTAL PROTECTION AND NATURAL RESOURCES OF UKRAINE

Initiator

MINISTRY OF ENVIRONMENTAL PROTECTION AND NATURAL RESOURCES OF UKRAINE

Implementer

STATE SERVICE OF GEOLOGY AND SUBSOIL OF UKRAINE

Project implementation period

01.25 - 01.35

Geography

The territory of Ukraine

Classification of sectors of economic activity according to the taxonomy of the World Bank

LM - Mining