Ukraine has cancelled the privatisation auction for the sale of Europe’s largest titanium and zirconium miner, United Mining and Chemical Company (UMCC), due to the lack of participants, the state property fund said on Oct. 29.
State-Owned Enterprises
Reuters: Ukraine cancels privatisation tender on titanium and zirconium miner
A worker stands near the 56 meter high bucket wheel excavator on Aug.11 at Vilnohirsk plant of United Mining and Chemical Company.