Electricity tariffs rise sharply, erode titanium production margins in Ukraine Journal Staff Report
The share of electricity in the production costs of titanium concentrate in Ukraine has surged from 30% in 2022 to over 60% due to rising energy tariffs, according to Andriy Brodsky, CEO and co-owner of the Velta Group, which operates titanium ore mining assets in Novomyrhorod, Kirovohrad region.
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