Image source: pixelied.com / pixabay.com
According to Ukrainian media reports, a swiss based Russian titanium trader named Dmitry Raikhelson, who has alleged connections to the state-owned Rostec corporation, is making moves to take over the Zaporizhzhia Titanium & Magnesium Plant (ZTMKP) in Russian-occupied parts of Ukraine.
The ZTMKP is one of the largest titanium producers in Europe and a key strategic asset for Ukraine's metallurgical industry. However, its operations have been disrupted by the ongoing Russo-Ukrainian war raging in the regions where the plant is located.
Raikhelson controls the Swiss-based Interlink Metals & Chemical. Established in 1992, Interlink Metals & Chemicals has developed into one of the world’s largest distributors, traders and users of various titanium products. Raikhelson purportedly sees an opportunity to gain control over ZTMKP's facilities and resources by leveraging his ties to Rostec, the massive Russian state conglomerate that owns companies across diverse sectors li
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