Posted On


United Mining and Chemical Company officially denies supply of products to Russia

KYIV. Sept 21 (Interfax-Ukraine) – State-controlled PrJSC United Mining and Chemical Company, under whose management Vilnohirsk Mining and Metallurgical Combine (Dnipropetrovsk region) and Irshansk Mining and Processing Combine (Zhytomyr region) were transferred, officially denies the supplies of products to the Russian Federation and declares the absence of any ties with Russia.

According to the company’s statement, the end users of the products are checked not only by the company’s employees, but also by a specially created working group with representatives of the Prosecutor General’s Office and the SBU. Before the conclusion of each contract and the shipment of products, the group analyzes the text of the contract, traders and end users.

"Therefore, the accusations cited in the ruling of the Pechersky District Court of Kyiv dated September 8, 2022 are not true and can be regarded as a manifestation of pressure on the company in order to discredit it before European and American partners. At the same time, the dissemination of false information in the media about the supply of ilmenite concentrate to Russia may lead to the shutdown of the company due to the blocking of the sales market," the statement reads.

The company confirms its position with the following facts. Irshansk ilmenite was received by American-based The Chemours Company, part of DuPont. Thus, 19.8 tonnes of Irshansk ilmenite were sold to The Chemours Company. The receipt of the cargo is evidenced by a letter from the company-customer of raw materials, which refers to the unloading of Irshansk ilmenite in an American port from the Mighty Maud vessel and further plans for its use. The company in its appeal guarantees the use of titanium-containing ore in the production of chemical products. The matter concerns, in particular, automotive, paintwork, electronics and other areas of production.

The Chemours Company also confirms, in a separate clause, the guarantees that Irshansk ilmenite will not be transferred "under any circumstances" to the Russian Federation and other countries under Ukrainian trade sanctions. The buyer has paid all the money.

"As of the date of the court decision, the recipient has made 100% payment. The final amount of the contract for the sale of 19.8 metric tonnes of ilmenite concentrate is $7 million. The sales agent BioProfTech won the online auction," the press release says.