Which uncommon earth minerals does Ukraine possess?
Information on the portions and exact places of every component is assessed, one thing the European Enterprise Affiliation is lobbying in opposition to on the idea that it harms funding.
Nonetheless, it’s identified that Ukraine would not make the worldwide prime 15 by way of international locations with probably the most sizeable uncommon earth reserves.
What Kyiv does have, nonetheless, is round two-thirds of minerals labeled by the European Union as “crucial”.
These embody the uncommon earth metals, together with graphite, lithium, titanium and different valuable metals. The latter group could in truth be extra important to traders, as they’re wanted in a lot higher portions than uncommon earths.
For instance, Ukraine has 20 per cent of the world’s graphite provide. The mineral type of carbon is necessary for making pencils – and important for nuclear reactors.
Ukraine additionally holds one-third of Europe’s reserves of lithium, a component that is key to electric vehicle batteries.