Ukraine showcased its initial mineral deposits that could serve as foundational projects for the Investment Fund for Reconstruction.

This was announced by the Minister of Economy, Oleksiy Sobolev.

“Together with the U.S. International Development Finance Corporation delegation, we visited the Kirovohrad region to assess investment opportunities in the extraction and processing sectors,” he noted.

According to him, they inspected the Birzulivsky mining and processing plant and the Likarivske deposit – promising sites considered for the Fund's project portfolio.

“The primary extraction here is titanium ores, with plans for zirconium ore extraction in the future. There are also potential hafnium deposits, one of the rare earth metals used in nuclear energy and aerospace industries,” Sobolev added.

He reminded that Ukraine is a key supplier of titanium globally, which is in demand in defense, aerospace, and high-tech industries. There is significant demand for it both in the USA and in European and Latin American countries.

It's worth noting that on April 30, 2025, Ukraine and the USA signed an agreement regarding minerals, which envisioned the establishment of a Ukrainian-American investment fund to manage Ukrainian resources. The Ukrainian delegation held technical consultations in Washington on April 11-12 with President Donald Trump's administration regarding the mineral access agreement. Syrydenko released the text of the memorandum with the USA concerning the completion of the official agreement on economic partnership and the investment fund for reconstruction. The future joint investment fund of Ukraine and the USA will have the right to invest in both mineral extraction and infrastructure projects.