According to the State Service for Geology and Subsoil of Ukraine, a total of 60 mining sites will be offered for development, with an additional 26 deposits to be made available under production sharing agreements (PSAs).
Part of the Ukraine Facility Plan
These auctions are a key part of the Ukraine Facility Plan, which aims to attract strategic investors for the sustainable development of critical raw materials, enhance economic recovery, and unlock Ukraine's untapped natural resource potential.
The initiative is also closely tied to Ukraine’s strategic agreements with the United States and the European Union, focusing on minerals vital for defense, green energy, and high-tech industries—such as lithium, titanium, and rare earths.
Environment First
While encouraging investment, the Ukrainian government underscores the importance of environmental compliance. Mining operations at any site will only begin after a mandatory environmental impact assessment (EIA), aligning with European standards and environmental protection norms.
Investment Outlook
Experts believe that the upcoming auctions could become a game changer for Ukraine’s mining industry. By offering transparency and predictability, the government aims to increase investor confidence and position Ukraine as a leading source of strategic raw materials in Europe.
As global demand for critical minerals continues to rise, Ukraine’s move to liberalize and expand access to its subsoil resources sends a strong message: Ukraine is open for investment, committed to reform, and ready to play a central role in Europe’s resource security.
