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 profits and reduce risk. The DFC is working to find investors for Ukraine and to make it easier for them to enter the market. 20-22 out of 30 types of critical natural resources can be mined in Ukraine.
At the same time, according to EBA data, despite the war 71% of players in subsoil use sector continue to invest in their development. However, NEQSOL Holding Ukraine notes that Ukraine’s mineral extraction sector still needs new private and public investment programs.
Almost all of the 3,700 mining companies in Ukraine face a lack of working capital. In addition, companies operate with outdated equipment, which leads to the need for capital investment. Without investment, Ukraine’s mining industry will be unable to meet global standards and suffer personnel shortages.