With a new license to mine Donetsk region lithium, Petro-Consulting LLC, a new Kyiv company, is negotiating with two foreign mining companies to develop the deposit

With a new license to mine Donetsk region lithium, Petro-Consulting LLC, a new Kyiv company, is negotiating with two foreign mining companies to develop the deposit, Interfax-Ukraine reports. Located in Velyka Novosilka, about 80 km west of the conflict line, the Shevchenkivske field could hold as much as 14 million tons of lithium. Company director Ihor Kolomiyets tells the news agency that $120 million is needed to start lithium production in 2021.