MineralsofUkraine

Monday, November 6

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

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 re...

Wednesday, April 26

There are $15 trillion in minerals in Ukraine, most of which are in regions affected by Russian hostilities.

There are $15 trillion in minerals in Ukraine, most of which are in regions affected by Russian hostilities. In particular, Forbes Ukraine calculated that the value of all minerals in Ukraine is $14.8 trillion, with more than 70% of the reserves located in three regions – Donetsk, Luhansk, and Dniprop...

Thursday, February 16

The Ukrainian government identified 26 areas of strategic subsoil use for investors.

The Ukrainian government identified 26 areas of strategic subsoil use for investors. The Cabinet of Ministers approved a list of 26 strategic mineral deposits, which will be made available for mining through tenders for production-sharing agreements. The list of subsoil areas contains...

Friday, January 13

There are still 18 Russian-controlled mining companies operating in Ukraine.

There are still 18 Russian-controlled mining companies operating in Ukraine. Among them, according to NADRA.INFO, are companies supplying metallic titanium, hard coal, hydrocarbons, limestone, clay, etc. In addition, the Russian invaders stole 63% of the country’s coal d...

Friday, November 18

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

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 Ukrain...

Friday, October 21

Ukraine sells eight more permits for subsoil use.

Ukraine sells eight more permits for subsoil use. Ukraine’s State Geology and Subsoil Service has sold special permits for subsoil use for UAH 26.6M at an auction. This amount received was 2.5 times higher than the starting price. Permits for s...

Tuesday, September 13

Ukraine will focus on the development of critical raw materials.

Ukraine will focus on the development of critical raw materials. According to the Minister of Environmental Protection, Ruslan Strilets, the most important task for Ukraine is to make the extraction of minerals more environmentally friendly with the involvement of ...

Thursday, January 28

Ukraine’s Geology and Subsoil Service aims to attract $10 billion in investments during this decade to develop a treasure chest of minerals

Ukraine’s Geology and Subsoil Service aims to attract $10 billion in investments during this decade to develop a treasure chest of minerals Ukraine’s Geology and Subsoil Service aims to attract $10 billion in investments during this decade to develop a treasure chest of minerals, including lithium, titanium, uranium, nickel, cobalt and go...

Also going up for auction this year are rare earths and rare metals – tantalum, niobium, beryllium, zirconium, and scandium.

Also going up for auction this year are rare earths and rare metals – tantalum, niobium, beryllium, zirconium, and scandium. Also going up for auction this year are rare earths and rare metals – tantalum, niobium, beryllium, zirconium, and scandium. These are found in the Ukrainian Shield, a 250km belt that runs 1,000...

Foreign mining investors are watching the experience of Avellana Gold, Ukraine’s only working gold mine

Foreign mining investors are watching the experience of Avellana Gold, Ukraine’s only working gold mine Foreign mining investors are watching the experience of Avellana Gold, Ukraine’s only working gold mine, according to the Global Mining Review, a UK-based news site. Founded by Brian Savage, an Americ...

Up to €12 billion in public and private funding to go into “European Battery Innovation,” a project approved Tuesday by the European Commission.

Up to €12 billion in public and private funding to go into “European Battery Innovation,” a project approved Tuesday by the European Commission. Up to €12 billion in public and private funding to go into “European Battery Innovation,” a project approved Tuesday by the European Commission. With 42 companies enrolled in the project, almost €3 bi...

Ukraine needs to disconnect from the energy system of Belarus and Russia and to join the European electricity market

Ukraine needs to disconnect from the energy system of Belarus and Russia and to join the European electricity market Ukraine needs to disconnect from the energy system of Belarus and Russia and to join the European electricity market, through the European Network of Transmission System Operators, or ENTSO-E, two gov...

Similarly, Foreign Minister Dmytro Kuleba

Similarly, Foreign Minister Dmytro Kuleba Similarly, Foreign Minister Dmytro Kuleba told Ukraine 24 TV Monday: “Ukraine’s goal is to join the European Union’s electricity supply system in 2023. This means we must cut off from Bela...

With only 40% of last year’s bills not paid to solar and wind energy producers, the government should pay up – or risk further tarnishing the nation’s investment image

With only 40% of last year’s bills not paid to solar and wind energy producers, the government should pay up – or risk further tarnishing the nation’s investment image With only 40% of last year’s bills not paid to solar and wind energy producers, the government should pay up – or risk further tarnishing the nation’s investment image, the American Chamber of Commerc...

The time needed to get electricity hooked up in Ukraine would drop from 270 days to 97,

The time needed to get electricity hooked up in Ukraine would drop from 270 days to 97, The time needed to get electricity hooked up in Ukraine would drop from 270 days to 97, under a draft bill before the Rada, Mikheil Saakashvili, Head of Ukraine’s National Reform Council, writes in th...

Starting September 1, government agencies would be prohibited from requiring paper documents

Starting September 1, government agencies would be prohibited from requiring paper documents Starting September 1, government agencies would be prohibited from requiring paper documents if the information is already on government computers, under a bill drafted by the Digital Transformation M...

A program to subsidize home mortgages was approved yesterday by the Cabinet of Ministers

A program to subsidize home mortgages was approved yesterday by the Cabinet of Ministers A program to subsidize home mortgages was approved yesterday by the Cabinet of Ministers. The government will pay the first 7% of the interest payment on a home mortgage loan. Currently, five banks of...

As interest rates dropped over the last two years, the size of mortgages increased by 43%, to $25,000

As interest rates dropped over the last two years, the size of mortgages increased by 43%, to $25,000 As interest rates dropped over the last two years, the size of mortgages increased by 43%, to $25,000, the National Bank of Ukraine reported recently on Facebook. However, 87% of the loans were for se...

Police carried out raids in Kharkiv yesterday as part of a multi-national effort to break up ‘Emotet,’ a malware network believed to have caused $2.5 billion in damages to banks and companies since 2014,

Police carried out raids in Kharkiv yesterday as part of a multi-national effort to break up ‘Emotet,’ a malware network believed to have caused $2.5 billion in damages to banks and companies since 2014, Police carried out raids in Kharkiv yesterday as part of a multi-national effort to break up ‘Emotet,’ a malware network believed to have caused $2.5 billion in damages to banks and companies since 20...