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Velta resumes shipments of titanium ore to U.S. after getting licenses
Journal Staff Report

KYIV, July 19 – Velta LLC with assets for extraction of titanium-bearing ores in Novomyrhorod (Kirovohrad region) received export licenses for supplies to the United States, and also resumed the shipment of this raw material from Ukraine, CEO and co-owner of the company Andriy Brodsky said on Facebook.

"Velta has received permission to export its own products. Shipping to partners has been resumed. Salaries to employees have been paid in full throughout the entire group of companies. Taxes for yesterday alone amounted to almost UAH 5 million. Paid! VAT is not refunded to us. We sell the currency that comes to our accounts to the state 30% cheaper than the market price. Our assistance to the Armed Forces of Ukraine continues every day," the CEO wrote.




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