A competition has been launched in Ukraine for the conclusion of a production sharing agreement for the development of the lithium deposit ‘Dobra’. Both Ukrainian and foreign companies, associations of legal entities, and private participants with the appropriate financial and technical potential, as well as experience in the extraction and enrichment of minerals, are invited to participate.
This is reported by Business • Media
Competition Conditions and Requirements for Participants
The competition is not available to residents and companies from aggressor states, as well as from jurisdictions under international sanctions. Those who violate existing obligations as subsoil users are also not eligible to participate. The selected winner will sign a 50-year agreement with the state, committing to invest no less than $179 million. This amount includes funding for geological exploration, the launch of industrial extraction, and the enrichment of lithium.
Development Priorities and Strategic Importance of the Project
The agreement stipulates strict adherence to environmental standards, priority use of Ukrainian goods and labor, as well as investment in the development of local communities. The launch of the competition is a significant step towards forming a modern mineral resource complex in the country and integrating Ukraine into global supply chains for strategically important minerals.
The conduct of the competition for the lithium deposit ‘Dobra’ under the production sharing mechanism has become the first pilot project for solid minerals and demonstrates Ukraine’s readiness to open the market for strategic raw materials to investors, emphasized the Ministry of Economy.