Ferro-alloys.com：According to Interfax news agency, the National Geology and Subsoil Agency of Ukraine is expected to attract about 10 billion U.S. dollars of investment to develop key and strategic mineral deposits, especially lithium, titanium, uranium, nickel, and cobalt.
The head of the agency, Roman Opimakh, announced these plans when introducing Ukraine’s investment potential at a press conference on “Future Minerals” on Tuesday.
According to the speaker, the agency intends to attract investors to participate in mineral development through transparent auctions of land plots with mineral deposits.
"We estimate that their comprehensive development will attract more than 10 billion U.S. dollars of investment to Ukraine," Opimak said in the report.
Optimak made it clear that since the mining project is long-term, the implementation of the mining project will be carried out at least in the next five years.
Ukraine has a large number of non-ferrous metal deposits. In particular, the proven reserves of titanium ore rank among the top ten countries in the world.