NEQSOL Holding and UMCC Titanium Shape a New Approach to the Development of Ukraine’s Mining Sector

On September 4, Kyiv hosted the annual Mining Day, organized by the European Business Association (EBA), which brought together leading experts and representatives of Ukraine’s mining industry.

UMCC Titanium traditionally took part in the event. The company was represented by Dimitri Kalandadze, CEO of UMCC Titanium, and his First Deputy Rishad Aliyev, who also heads the Investor Relations division at NEQSOL Holding B.V.

“Every year we participate in this event, but now our company has a new status — together with our strategic investor NEQSOL Holding. Mining Day is an important platform for building communications and defining the next steps for the development of the mining sector. The Ukrainian market has always been promising, and now we have a chance to make it more competitive. UMCC Titanium is ready to take on this task,” said Dimitri Kalandadze.

During the panel discussion, Rishad Aliyev outlined his vision of transforming Ukraine’s mining sector and the role of international capital in this process:

“International investments can become a catalyst for transformation and open new opportunities for Ukraine. NEQSOL Holding is already proving this through the changes at UMCC Titanium,” he emphasized.

The UMCC Titanium strategy includes three key stages of development:

  • Transformation — enhancing transparency, compliance, and implementation of international standards to secure access to financing.
  • Development of deposits both in Ukraine and abroad.
  • Deep processing and innovation to strengthen Ukraine’s export potential.

Together with NEQSOL Holding, UMCC Titanium aims not only to modernize its own production processes but also to contribute to the development of the entire Ukrainian mining industry, boosting its global competitiveness.