The Ministry of Economy of Ukraine estimates the reserve of critical materials in the temporarily occupied territories (TOT) of Ukraine to be around $350 billion, reported First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko.
"We face a significant task of updating geological information and, of course, attracting investors to the processing industry. We possess information that critical materials worth approximately $350 billion are located in the temporarily occupied territory," she stated at the "Ukraine. Year 2025" forum in Kyiv on Sunday.
The minister noted that to confirm this figure, Ukraine needs to conduct geological exploration. According to her, the country has deposits of titanium, lithium, uranium, and other types of rare earth metals.
"Our goal is not just to export this raw material, but to attract investments in the processing sector and develop the deposits," emphasized the First Deputy Prime Minister.
Head of the Presidential Office Andriy Yermak highlighted that American and European investments in Ukraine, including its minerals, are viewed as a certain element of security guarantees.
"We continue this dialogue with our partners... No one has refused anything. We are in a normal working process, which can last from a day to several months. The agreement that may emerge must meet Ukraine's national interests and be appealing to our partners," he concluded while commenting on the resource agreement with the USA.
On the sidelines of the forum, Yermak announced the start of the next round of negotiations with American partners on Sunday, February 23, in which First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko will also participate.