Exploring New Investment Opportunities in Ukraine
U.S. representatives were shown new potential deposits in Ukraine for investment initiatives.
This was announced by the Minister of Economy, Oleksiy Sobolev.
"Together with the U.S. International Development Finance Corporation delegation, we visited the Kirovohrad region to assess investment opportunities for extraction and processing in the area," he noted.
According to him, they visited the Byrzuliv Mining and Processing Plant and the Likarivske deposit - promising sites for the investment fund's portfolio.
"Titanium ores are primarily extracted here, and zirconium ore extraction is also planned for the future. There are also potential hafnium deposits, a rare earth metal used in nuclear energy and aerospace industries," Sobolev added.
He emphasized that Ukraine is one of the key suppliers of titanium globally, utilized in defense and aerospace industries, as well as high-tech sectors. There is significant demand from both the U.S. and countries in Europe and Latin America.
It is worth noting that on April 30, 2025, Ukraine and the U.S. signed an agreement concerning minerals, which established a Ukrainian-American investment fund to operate with Ukrainian resources. The Ukrainian delegation held technical consultations in Washington regarding the agreement on access to mineral resources. Svyrydenko published the text of the memorandum regarding the conclusion of the official agreement on economic partnership and investment fund for reconstruction. The upcoming joint investment fund will have the right to invest in both mineral extraction projects and infrastructure initiatives.