The final stage of investor selection for the development of the “Dobra” lithium site begins in Ukraine
Ukraine is entering the final stage of the competition to select investors to conclude the country’s first lithium production sharing agreement at the Dobra site. Applications will be accepted until December 12. This was reported by the Ministry of Economy.
The department noted that the implementation of the agreement will be an important step in the formation of the Ukrainian critical minerals industry and will contribute to the expansion of Ukraine’s participation in the international lithium market. The need for this metal is growing in the world due to the development of electric transport and energy technologies.
Against the backdrop of increasing global demand, countries with new deposits are gaining additional opportunities to attract investment and create production facilities. Ukraine considers the Dobra site as one of the promising areas for launching such a direction.
The Ministry of Economy emphasizes that further implementation of projects after obtaining licenses will allow investors to apply for support from the American-Ukrainian Reconstruction Investment Fund.
“It is not only about mining, but also about the state’s ability to transform resources into industrial capacity, technologies and exports of the finished product. For Ukraine, this is a chance to integrate into Western production chains of battery metals,” – said Deputy Minister of Economy, Environment and Agriculture Yegor Perelygin.
We would like to add that in September the Cabinet of Ministers approved the terms of the competition for concluding a production sharing agreement at the Dobra site in the Kirovohrad region. The document provides for the possibility of extracting nine types of minerals, including lithium and gold.
