Despite the war, 75% of industry companies continue to invest in Ukrainian subsoil.

According to an EBA study, among the surveyed companies of the association 74% continue to invest in Ukrainian subsoil during the war, 18% have not yet made an investment decision, and only 8% are currently not investing. Since the war began, 61% have invested up to $5M in Ukrainian subsoil, and 21% have invested more than $5M.

At the same time, 82% of respondents consider the subsoil use market attractive for investment, and Ukraine’s resource potential is estimated at 7.85 points on a 10-point scale. According to businesses, such minerals as titanium, lithium, hydrocarbons (oil, gas, condensate), and iron ore have the greatest potential in Ukraine. At the same time, 51% of respondents agree that insurance for the risks of capital loss in war and post-war period will stimulate the attraction of investments in subsoil exploitation.

In addition, 23% of mining companies plan to demand compensation for the damage caused by Russia to their assets. In 13% of businesses, subsurface exploitation facilities have received various types of damage since the beginning of the war, and in 18%, there are facilities in occupied or de-occupied territories.