Fossil Resources of Ukraine Estimated at $14.8 Trln

by Meifan Honcharuk
Wednesday, April 26, 2023
2 MIN
Fossil Resources of Ukraine Estimated at $14.8 Trln

111 bln tons of coal, iron and copper ores, manganese, peat, lithium, lead, uranium, oil, gas condensate, salt and much more 

Today, many countries are leaving the Russian market and are looking not only for new markets for goods but also for places to relocate production and extract resources for their business. And all this is available in Ukraine.

The current reassessment of natural mineral resources showed that the total number of valuable deposits in Ukraine weighs 111 billion tons and is estimated at almost $14.8 trillion.

  • Coal — 41.9 billion tons / $9.1 trillion;
  • Granite and other building stones — 19.3 billion tons / $490 billion;
  • Iron ore — 18.1 billion tons/ $2 trillion;
  • Rock salt — 16.1 billion tons / $707 billion;
  • Oil shale — 3.7 billion tons / $148 billion;
  • Potassium salts — 2.4 billion tons / $250 billion;
  • Lignite — 2.6 billion tons / $261 billion;
  • Aparite ores — 2.1 billion tons / $625 billion;
  • Manganese ores — 2 billion / $10 billion;
  • Peat 817 million / $130 billion;
  • Clays — 800 million / $40 billion;
  • Natural gas 819 billion / $490 billion;
  • Phosphorite ores — 391 million / $117 billion;
  • Graphite ore 245 million / $34 billion;
  • Native sulfur 100 million / $18 billion;
  • Oil — 85 million / $50 billion;
  • Gas condensate 60 million / $59 billion;
  • Lithium ores — 33 million / $38 billion;
  • Copper ores — 28 million / $3 billion;
  • Lead-zinc ores — 22 million / $9 billion;
  • Uranium — 270.000 / $31 billion;
  • Germanium — 41.000 / $97 billion.

Most of the fossils are located in the Donetsk, Lugansk and Dnieper regions. Every Ukrainian knows that eastern Ukraine is the industrial heart of our country. More than 62% of minerals are coal, and 14% are iron ore.

Contact GT Invest and we will help you move your production, open a new one, and bring any of your ideas to life.

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