What kind of minerals are there in Ukraine
What kind of minerals are there in Ukraine
Ukraine is believed to have 5 percent of the world's important raw materials. It has proven reserves of 19 million tons of graphite. It is used to make batteries for electric vehicles.
One-third of all lithium reserves in Europe are in Ukraine. It is an important component of the batteries that are now made. Before the full-scale Russian invasion three years ago, 7 percent of the world's titanium production came from Ukraine. It is used in everything from aircraft to power plants.
Ukraine's soil has significant reserves of rare minerals. These minerals of 17 elements are used in the production of weapons, wind turbines, electronics, and many important products of the modern world. Some of these mines have been occupied by Russia. According to the calculations of Ukraine's Finance Minister Yulia Sviridenko, at least $350 billion worth of resources are in Russian-occupied territories.
