Wednesday12 March 2025
rating.net.ua

Ukraine will be able to supply uranium, lithium, and titanium to the EU, according to Shmyhal.

Ukraine's raw material potential has the ability to supply all of Europe.
Украина сможет поставлять в ЕС уран, литий и титан, - заявил Шмыгаль.

Ukrainian Prime Minister Denys Shmyhal stated that Ukraine possesses 22 out of 30 critical minerals for Europe and is capable of not only meeting its own energy needs but also exporting raw materials to the EU.

Shmyhal wrote about this in an article for Politico.

The Prime Minister emphasized that Ukraine ranks first in Europe for uranium and lithium reserves and is among the world leaders in titanium reserves. He claims that the country can completely replace Russian titanium imports for the EU industry.

“We are ready to export raw materials to the EU to establish joint ventures that will provide the European Union with a strategic advantage amid the growing demand for nuclear energy,” he commented.

Background. Previously, Mind reported that businesses are urging the disclosure of information regarding mineral reserves in Ukraine. It is noted that data on deposits of diamonds, gold, lithium, titanium, platinum, and other strategic materials are restricted by the classification “confidential.”