More than 73% of the EU’s critical minerals are in Ukraine.

Friday, November 18, 2022
More than 73% of the EU’s critical minerals are in Ukraine.

In 2021, Ukraine was among the top 10 countries producing titanium, iron ore, kaolin, manganese, zirconium, and graphite. Among the 120 types of minerals consumed in the world, 117 are found in Ukraine’s bowels. In addition, deposits of 22 out of the 30 minerals that are included on the EU’s critical list are concentrated in Ukrainian territory, Prime Minister Denys Shmyhal said at a forum on strategic partnership in Ukraine-EU raw materials. According to Shmyhal, Ukraine is ready to cooperate with the EU to achieve complete independence from Russian resources. The prime minister noted that Ukraine could become an important mineral resource player in the EU economic zone and an integrated part of industrial chains united with the EU.

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