Manufacturers and critical material processors propose investment projects worth $800 million.

These proposals are related to the extraction of critical raw materials, their processing, and the production of final target products. The participants of a sectoral working group have proposed 29 reform projects. Most of the proposals (14) relate to the access of future subsoil users to geological resources and production sharing agreements, 11 would provide access to infrastructure and financial incentives from the state for new projects, and 4 involve mining policy.

Following industry expert discussions, 19 proposals for policy changes were identified and were recommended for implementation. The industry’s total investment potential through 2033 is estimated at $12-15B.

Ukraine has deposits of 22 out of the 34 minerals identified as critical by the EU. Ukraine is among the top ten producers of titanium, zirconium, graphite, and manganese. These factors create prerequisites for developing the production sector of processing critical materials in Ukraine and developing product production based on them.