A US delegation has visited titanium and zirconium mines in Ukraine, launching the first projects under a new bilateral minerals agreement.
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"The fund will act as a kind of beacon — when it invests in a project, it will enable the DFC to invest both equity and debt financing and allow other international institutions to invest as well," said Sobolev.
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Ukraine and the US are advancing their minerals deal with site visits to identify projects, aiming to launch three pilot investments within 18 months.
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Ukraine is exploring mining waste as a new source of critical materials, aiming to boost supply for high-tech industries while tackling environmental legacies.
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Ukraine’s titanium ore exports plunged 93% in early 2025, with most shipments going to Uzbekistan, Turkey, and Egypt.
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