Ukraine has significant reserves of critical minerals; however, to fully attract investment in the mining sector, an update of legislative norms and the creation of a favorable security environment are necessary. This was emphasized by participants at the forum on the reconstruction of Ukraine, which took place in Bucharest.
This is reported by Business • Media
Legislative Reform and Guarantees for Investors
Experts highlighted that the current regulatory framework does not provide sufficient attractiveness for international investors and specialized financial institutions. To activate investment projects in critical mineral extraction, transparent and clear rules, defined procedures for accessing deposits, as well as mechanisms for risk distribution and investment protection are needed.
“Without transparent rules of the game, specialized international partnerships, and a stable security environment, the implementation of large projects in the mining sector remains limited.”
Geopolitical Challenges and International Cooperation
The discussion also touched on the role of China, which dominates the mineral raw material processing sector. This situation poses risks for Western economies and underscores the relevance of strategic partnership between Ukraine and the USA to diversify supply sources, attract new technologies, and secure funding.
At the same time, forum participants noted that a significant portion of Ukraine’s territories with large reserves of minerals is still under the occupation of the Russian Federation, blocking the launch of new investment initiatives. To transform resource potential into real economic results, the country needs long-term peace and stability.
The administration of former US President Donald Trump is forming an international coalition to counter China’s monopoly in the critical minerals market. Singapore, Australia, Japan, South Korea, and Israel have already joined, and there are plans to expand this initiative with other countries in the future.