photo: NV business
Ukrainian Economy, Environment, and Agriculture Minister Oleksii Sobolev has announced that for the first time, a US delegation visited mining sites in Ukraine’s Kirovohrad region to evaluate opportunities for resource extraction and processing under a subsoil agreement.
Sobolev highlighted the significance of the visit, The Caspian Post reports via Sobolev's message on Facebook.
“Together with a delegation from the US International Development Finance Corporation, we visited Kirovohrad region to evaluate investment opportunities in extraction and processing in the region,” Sobolev wrote.
The minister highlighted that the sites currently produce titanium ore, while plans are being considered for future zirconium ore extraction. Sobolev also pointed out the presence of potential hafnium deposits, a strategic resource used primarily in the nuclear and aerospace sectors.
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