Strategic Investment and Modernization Plan
NEQSOL Holding, the owner of the United Mining and Chemical Company (OGHC), will invest more than ₴400 million in the modernization of production processes and expansion of the resource base.
According to Volodymyr Lavrenchuk, Director of NEQSOL Holding Ukraine, the company is focusing on long-term sustainability and competitiveness of the Ukrainian mining and chemical industry.
“We aim not only to develop what we have but also to increase our resource base both in Ukraine and abroad. We have concluded an agreement to study the resource base with the international company Micon International. The management’s task will be to prepare a strategic vision for investments,” Lavrenchuk stated.
The agreement with Micon International, a leading global resource exploration firm, will allow the company to assess reserves, plan new mining operations, and develop a long-term investment roadmap.
Focus on Deep Processing and Export Growth
The new investment program will prioritize increasing productivity and introducing advanced technologies for deep processing of raw materials.
This will raise the added value of Ukrainian mineral products, strengthening the country's position in the global titanium and rare-earth markets.
Key markets for OGHC remain the European Union and the United States, where demand for high-quality processed raw materials continues to grow amid global supply diversification.
Background and Strategic Vision
In 2023, NEQSOL Holding acquired OGHC for over ₴3.93 billion, marking one of the largest private industrial deals in Ukraine.
The group’s ongoing strategy aims to strengthen Ukraine’s mining and chemical industry, ensure transparent governance, and expand international market access.
The ₴400 million investment is part of a broader plan to:
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modernize infrastructure and equipment;
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explore new deposits and increase raw material self-sufficiency;
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establish cooperation with international technology partners;
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increase the share of high-value exports.
