Ukraine to Auction Mykolaiv Alumina Plant in Q1 2027, Starting Price Set at $140M

Published: Oct 14, 2026 10:10 (GMT+8)

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The head of Ukraine's State Property Fund said that the privatization auction of the Mykolaiv Alumina Plant is expected to take place in Q1 2027, with the specific auction date subject to government approval and to be announced by the end of October 2026. The privatization involves a batch of sanctioned assets, including the plant, service and accounting centers, a security company, vehicles, and bauxite and alumina inventories, with the relevant assets to be valued separately. The indicative starting price announced in June 2026 was 6.3 billion Ukrainian hryvnia ($140 million).

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