KYIV, Sept 2 – The Velta Group, which owns titanium mining assets in Novomyrhorod (Kirovohrad region), has secured a four-year grant of EUR 7.3 million under the European Horizon program as part of the Resilient Value Chains 2024 competition for the REPTiS project.

According to a company press release on Monday, the grant was awarded following the Resilient Value Chains 2024 competition for the REPTiS project (Responsible Extraction and Processing of Titanium and Other Primary Raw Materials to Ensure Industrial Value Chains and Strategic Sectors of the EU). Ukrainian companies Velta and Velta RD Titan are participants in this project.