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 Ukrai... #EuropeanIntegration #investments #MIningMineralsUkraine #ReformsinUkraine #UkraineFacility
Ukraine’s only graphite enterprise has suspended operations; investment is needed for modernization. Zavallivskyi Graphite, Ukraine’s only natural graphite mining enterprise that has been operating since 1934, has suspended its operations. Two of the key reasons for the shutdown are the high co... #Graphite #GraphiteMining #investments #MIningMineralsUkraine #ZavalivskyGraphite
Ukrainian holding company will strengthen the US in the fight against China in the global titanium market by building a $100M plant. The US Export-Import Bank (EXIM) has issued a letter of intent to provide $60M in financing with a 20-year maturity to Velta Holding U.S. Inc., the parent company of Ukrainian titanium producer Velta.... #investments #MIningMineralsUkraine #TitaniumMining #TitaniumPlant #Velta
NEQSOL Holding, after the purchase of Ukraine’s titanium giant, attracts foreign companies to develop a new strategy for the enterprise. NEQSOL Holding, the owner of the second-largest Ukrainian mobile operator, Vodafone Ukraine, has paid ₴3.94B to the state budget of Ukraine for the purchase at the privatization auction of the largest... #investments #MIningMineralsUkraine #NEQSOL #TitaniumMining #UMCC #vodafone
Ukraine’s subsoil exploitation industry needs $250B in investment to reveal its full potential. The American International Development Finance Corporation (DFC) believes that Ukraine needs to attract $250B in investment to maximize its subsoil use. Attracting investment is necessary to diversify... #DFC #investments #MIningMineralsUkraine #MiningUkraine #NEQSOL #UkraineSubsoil
Ukraine is trying to attract American investment in its mineral development. Ukraine and the US discussed deepening cooperation in critical materials to encourage American businesses to enter Ukraine and invest in mineral extraction and processing. Implementation of joint inve... #investments #MineralDepositsUkraine #MiningIndustry #MIningMineralsUkraine #naturalgraphite
Legal extraction of amber in Ukraine has increased by 1,400%; the state issued more than 400 permits for subsoil use. Last year, the amount of legal amber mining in Ukraine reached 39.2 tons, 1,400% more than in 2019 before the law that legalized its mining came into force, reported the State Geology and Subsoil Serv... #AmberMining #AmberSalesUkraine #MIningMineralsUkraine #StateGeologySubsoilService
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 cur... #InvestmentsinUkraine #MiningCompanyUkraine #MIningMineralsUkraine #UkraineSubsoil
A Turkish company, Onur, has purchased a granite mine in the Rivne region. The Onur group bought the Rokytnivsky special quarry, which mines granite, granodiorite, and gabbro-diabase, according to YouControl data. In May 2023, Onur Construction International became the sole ... #GraniteMining #MIningMineralsUkraine #OnurGroup #RokytnivskySpecialQuarry
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... #MineralsofUkraine #MIningMineralsUkraine
President Volodymyr Zelenskyy has signed a law to improve subsoil use legislation. Its goal is to create a transparent system of subsoil use, reduce excessive state influence on the industry, increase competition, and legalize relations in the field of subsoil use. The law allows th... #MIningMineralsUkraine #UkraineSubsoil #Zelenskyy
Ukrainian Parliament supported the general bill № 3790 on improving the mechanism of transparency in the extractive industries . The main norms of the draft Law envisage the implementation in Ukraine of the provisions of the updated International Standard of the Extractive Industries Transparency Initiative, which was approve... #Mining #MiningLaw #MIningMineralsUkraine
Long term investment in Ukraine’s mining sector could generate $400 billion over the next decade, said the Prime Minister, Shmygal. Goals should be: double exports, cut imports by two thirds, and expand mineral processing. He said, Ukraine should aim to be a full partner of the EU in the extractio... #MiningInvestmentsUkraine #MIningMineralsUkraine #MiningUkraine
