Ukraine to launch three pilot projects under U.S. mineral deal

Three pilot projects are set to be launched under the Ukraine-U.S. Reconstruction Investment Fund during its first 18 months of operation, First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko announced.
"The process is already underway. The Commission on the Organization of Conclusion and Implementation of Production Sharing Agreements (PSAs) has recently approved the launch of a tender for the Dobra lithium deposit in the Kirovohrad region. We expect to finalize the tender terms shortly. This deposit potentially falls within the scope of the investment fund and may become the first pilot project under the joint investment framework," Svyrydenko wrote on Facebook on Thursday.
A potential investor in the Dobra project could be U.S.-based TechMet, a company that has expressed interest not only in exploring and extracting lithium in Ukraine but also in establishing local processing facilities.
However, the American company will not have exclusive rights to the deposit: all qualified investors will be eligible to participate in the tender.
- The bilateral agreement on developing Ukraine’s mineral resources was signed in April 2025 following weeks of complex negotiations.
- The establishment of the fund played a key role in restoring ties between President Donald Trump and Ukrainian President Volodymyr Zelenskyy after a diplomatic rift during their White House meeting in February.
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