In December 2024, the India Times reported that Ust-Kamenogorsk Titanium and Magnesium Combine (UKTMK) signed an agreement with Indian Rare Earth Limited (IREL) to create a joint venture in India. The new facility will process ilmenite, sourced from Odisha with low titanium oxide (TiO2) content, into titanium slag, a material highly sought after in the...
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