Ukraine Revamps Minerals Sector, Eyes Billions in Investment From U.S. Deal

Trump Dreams of Minerals: in Ukraine and Greenland

The clean energy transition that the Biden administration touted as the focus of its industrial policy required large amounts of mineral inputs. Batteries for electric vehicles depend on lithium, solar panels contain gallium and molybdenum, and powerful magnets in wind turbines can’t be built without rare earth elements. Biden’s landmark legislation, such as the 2022 Inflation Adjustment Act, effectively resurrected industrial policy in the Unit…

Ukraine rebuilds minerals sector to attract investments from US deal

The deal hands the US preferential access to new minerals accords and will help to fund Ukraine’s reconstruction

Ukraine revamps minerals sector, eyes billions in investment from US deal

By Olena Harmash

Ukraine revamps minerals sector, eyes billions in investment from U.S. deal

KYIV - Ukraine is overhauling its minerals sector, which has been pounded by three years of war, in the hope of unlocking potential and attracting billions of dollars of investment from a minerals deal with the U.S., its ecology minister…

Ukraine will review existing mining licenses after signing a subsoil deal with the US.

The country is reforming its mineral sector, which has endured three years of war, with the hope of unlocking its vast potential and attracting billions of dollars in investment through its partnership with the US on minerals, Ecology Minister Svitlana Hrynchuk said. Ukraine possesses deposits of 22 out of the 34 minerals that the EU considers critical for industries such as defense, high-tech equipment, and green energy. The mining industry cur…

Ukraine overhauls minerals sector to attract investment

Ukraine is embarking on a significant overhaul of its minerals sector, aiming to attract substantial investment from a recent deal with the US.The post Ukraine overhauls minerals sector to attract investment appeared first on Mining Technology.