The European Commission has awarded a four-year €7 million grant under the Resilient Value Chains 2024 initiative for to a European consortium working on the extraction and processing of titanium and other raw materials.
Ukraine’s Velta LLC and Velta RD Titan Research and Development Centre are partners in the project, along with 11 leading European companies and research institutes. Velta’s CEO Andriy Brodsky said the funding confirms EU’s recognition of Ukraine as a strategic partner “capable of establishing a secure titanium supply chain from raw materials to final titanium products.” The project starts this month.
Source: Science Business Publishing Ltd.