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Russian Troops Seize Ukrainian Village Over Lithium Riches

  • On June 26, 2025, Russian forces took control of Shevchenko, a settlement located near the Kruta Balka lithium site in Donetsk Oblast.
  • The seizure is part of Russia's broader strategy to control resource-rich eastern Ukraine, threatening Ukraine's cooperation with the US and UK on mineral development.
  • Shevchenko lies close to the Shevchenkivske lithium deposit, one of Europe's largest untapped lithium sources, which holds over 1.2 million tonnes of lithium-rich ore.
  • Lithium prices reached a high exceeding $80,000 per metric ton in 2022 but fell sharply to around $8,500 per metric ton by June 27, 2025, influenced by evolving market dynamics and uncertainties linked to ongoing conflicts.
  • The occupation raises concerns about the security of supply chains and investment risks, as Moscow may use its dominance over key resources as a strategic tool to influence geopolitical negotiations, impacting Europe's efforts toward energy transition.
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26 Articles

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Lean Left

The Moscow forces have recently captured one of the most promising lithium shelters in Ukraine, located near the Čevcenko salt, in the Donetzik region. The Russian Ministry of Defence announced the collapse of the location on Thursday, June 26,...

·Romania
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Lean Left

Thanks to the advance in the southeast now Moscow controls Shevchencko, one of the richest areas in Europe of the key mineral for batteries

·Turin, Italy
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  • 36% of the sources are Center, 36% of the sources lean Right
36% Right
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Le Figaro broke the news in Paris, France on Thursday, June 26, 2025.
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