Within the framework of European integration, Ukraine is changing its approach to the search for minerals.

The Verkhovna Rada has made amendments to the national program for the development of Ukraine’s mineral and raw material base until 2030, which takes into account the low funding level and Ukraine’s partial occupation.

The legislation provides that state funding be reorientated to exploration in order to identify investment-attractive deposits. Further exploration will not be carried out at the state’s expense and should be financed by subsoil users who assume the investment risk. The state undertakes to create the necessary transparent and stable regulatory conditions for investor activities. The updated program provides for a reduction in state funding from ₴26.1B to ₴3.57B.

The following minerals hold promise for geological study and further geological work: magnesium, arsenic, antimony, vanadium, bismuth, gallium, indium, strontium, tellurium, and cesium. The program aims to meet Ukraine’s needs for mineral resources, reduce dependence on imports, and increase exports.