US-based titanium miner Velta aims to create a "cluster" in Ukraine for mining and processing critical raw materials when the war ends and is in talks with several private investors and international finance institutions for backing, a senior company official said.
Matthew Murray, chair of the board of advisers of US-based Velta Holding, the parent of Ukraine-based Velta Llc, said his company is already creating a "vertically integrated structure" in Dnipro in eastern Ukraine to mine and process titanium.
