“Global supplier of critical raw materials is interested in business in Ukraine January 15, 12:29 Share: Traxys exports ilmenite from Ukraine abroad (Photo: s16.co.za) Author: Natalia Kabash Transnational company Traxys, which supplies critical raw materials to global markets, is interested in business – Ukraine’s capabilities, despite hostilities. The general director of global operations of Traxys, Steve Walsh, told NV Business about this: “Traxys has been conducting business in Ukraine for some time”, — write on: ua.news
Traxys exports ilmenite from Ukraine abroad (Photo: s16.co.za)
Transnational company Traxys, which supplies critical raw materials to global markets, is interested in business opportunities in Ukraine, despite the hostilities. Traxys General Director of Global Operations Steve Walsh said this in a comment to NV Business
“Traxys has been doing business in Ukraine for some time and recognizes the diverse opportunities that Ukraine offers to clients around the world. Despite the ongoing hostilities affecting business operations in the country, we continue to view these opportunities as valuable and worthy of pursuit,” he told the publication. Mr. Walsh did not specify which mining projects the company is interested in, referring to the company’s policy.
It will be recalled that in December 2024, Steve Walsh met with the newly appointed head of the State Geonadre Oleg Hotsynets. The official told him about the existing proposals for the development of critical mineral deposits in Ukraine and informed him of the government’s plans for future tenders for the conclusion of production sharing agreements (URP) on objects with deposits of critical minerals. Such competitions are expected to be held in the spring of 2025.
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According to Steve Walsh, Traxys exports ilmenite from Ukraine abroad. It is known that the company cooperated with such manufacturers as the United Mining and Chemical Company and LLC “VKF “Velta”. Traxys units have at various times supplied ilmenite concentrate to a well-known American processor, The Chemours.
Currently, Traxys plans to expand its activities in Ukraine. It can be about the use of subsoil with critical raw materials, its extraction, enrichment and further processing.
Traxys is an international company with more than 20 offices worldwide and an annual turnover of US$10 billion. The headquarters of the company is located in Luxembourg. The company specializes in the supply of metals and minerals necessary for modern life and invests in the recycling of lithium-ion batteries. Its activities cover the entire supply chain: from exploration and production to trade and marketing. Traxys provides critical solutions for the ferroalloys, metals, minerals, mining and energy industries.