As US-Russia negotiations over the Ukraine-Russia war start, there are two competing views in the market.
Ukraine doesn't have any rare earth metals, and the strategic minerals it does have are not worth trillions of dollars.
Ukraine’s Zelenskyy rejects US proposal to control 50% of the country’s critical minerals, citing insufficient security provisions.
Ferrexpo faces a $3.8 billion civil claim in Ukraine over alleged illegal mining and environmental damage. The company has denied the allegations and intends to defend its position in court.
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Ukraine’s rare earth deal with the US is more symbolic than substantive, with no proven reserves and limited strategic value.
In the face of challenging wartime conditions, Kametstal, alongside other Metinvest Group enterprises, continues its systematic efforts towards construction and reconstruction to enhance the reliability and efficiency of production.
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The North Mining Works of Metinvest launched a second sintering machine into operation to meet additional production orders for its European partners.
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Ukraine’s critical materials sector faces challenges but holds strong investment potential with strategic reforms.
The shutdown of Ukraine’s last coking coal mine forces steelmakers to rely on costly imports, threatening the country’s steel industry and economic recovery.
A civilian claim for 157 billion UAH ($3.78 billion) has been filed against Ferrexpo Poltava Mining.
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