The delegation of the International Development Finance Corporation of the USA inspected the first potential investment objects in Ukraine

Representatives of the International Development Finance Corporation of the USA (DFC) visited the first potential investment objects in Ukraine — the Birzuliv mining and beneficiation plant and the Likariv deposit of titanium ores in the Kirovohrad region. reported this by Oleksiy Sobolev, Minister of Economy and member of the executive board of the American-Ukrainian Reconstruction Investment Fund.

“We inspected the Birzulivskii GZK and the Likarivske deposit – promising sites that we are considering for the Fund’s project portfolio. Titanium ores are primarily mined here, and zirconium ores are also planned to be mined in the future. There are also potential deposits of hafnium, one of the rare earth metals used in nuclear power, the aerospace industry, and more. Ukraine is also one of the key suppliers of titanium in the world, which is used in the defense, aerospace and high-tech industries. And it is in great demand, both in the USA and in the countries of Europe and Latin America, – said Sobolev.

According to the minister, such visits are important, as they allow one to directly assess the potential on the ground and take into account all aspects of future investments — from economic development to a responsible attitude to the environment and community prospects.

During the trip, there was also a conversation with the head of the Kirovohrad OVA, Andriy Raikovych, and representatives of local authorities, during which they discussed key issues related to subsoil use, water resources, forests and nature conservation areas.