According to a 2024 report from Reuters, citing Ukrainian data, the war-ravaged country has deposits of 22 of the 34 minerals identified as critical by the EU, as well as 500,000 tonnes of lithium and one-fifth of the world’s graphite, almost 40% of which is now under Russian occupation.

Critical minerals are in demand around the world for military, technological and other uses. A geoscientist shares what’s known about Ukraine’s reserves, which could help the country recover from war

Critical minerals are in demand around the world for military, technology and other uses. A geoscientist shares what’s known about Ukraine’s reserves, which could help the country recover from war.

President of Ukraine Volodymyr Zelenskyy has said that Ukraine is ready to sign a framework agreement with the United States on minerals. Source: Zelenskyy during a conversation with journalists on the results of talks between Ukraine and the United States in Saudi Arabia,

The United States will not see the minerals deal as a security guarantee for Ukraine. But it will give the United States an interest in protecting Ukraine, says Secretary of State Marco Rubio, according to The Guardian.