The Ministry of Economy, together with representatives of the U.S. International Development Finance Corporation (DFC), visited deposits in the Kirovohrad region that could potentially become the first investment sites under the U.S.-Ukrainian Reconstruction Investment Fund.
Minister of Economy, Environment and Agriculture Oleksii Soboliev wrote on Facebook:
“The first visit with our American partners to sites that may become the starting projects for the Ukraine Reconstruction Investment Fund. Together with the U.S. International Development Finance Corporation delegation, we visited the Kirovohrad region to assess investment opportunities in extraction and processing.”
According to Soboliev, the delegation visited the Byrzulivsky Mining and Processing Plant and the Likarivske deposit — promising sites being considered for the fund’s project portfolio. These enterprises mine titanium ores, with plans to extract zirconium ores in the future. There are also potential deposits of hafnium — a rare earth metal used in nuclear energy, the aerospace industry and beyond.
During the trip, discussions were also held with Kirovohrad Regional Administration head Andrii Raikovych and local officials on key issues of subsoil use, water resources, forests and natural areas.
