Development of Titanium Production in Ukraine: Evolving Prospects Based on National R&D

Abstract

Introduction. The development of Ukraine’s resource potential in the field of mining and advanced processing of titanium raw materials is one of the important components of countering military threats and the national economy recovering based on new technologies.Problem Statement. The realities of wartime reinforce the importance of domestic resource involvement to resumption of the titanium products complete production cycle in Ukraine, which can facilitate integration into global value chains.Purpose. To determine the directions of titanium production development in Ukraine based on the available resource and production potential, foreign and domestic R&D.Materials and Methods. The authors have used data of statistical observations of the State Statistics Service in Ukraine, the U.S. State Geological Survey, the World Intellectual Property Organization; methods of systematic approach, economic and statistical, calculation and design, graph analytical methods, statistical comparisons and grouping, systematic and comparative analysis.Results. The possibilities of realizing resource, production, and R&D potential for deep processing of titanium metal in Ukraine have been substantiated. The directions of the Ukrainian titanium industry development have been offered. The construction of new and/or modernization of production facilities for processing Ukrainian titanium raw materials based on domestic scientific developments has been substantiated.Conclusions. Ukraine has a strategic potential to create a full cycle of titanium products production. Providing favorable conditions for attracting investment and access to capital and financial and economic instruments facilitates technological modernization. This, in turn, will help open “a window of opportunities” for Ukraine for manufacturing titanium products with high added value for the needs of the military industrial complex and other high-tech industries.