09
Feb 2016
Mining: Why Ukraine?
Mineral extraction may not take up most of the headlines about Ukraine at the moment, but there are a wealth of mining opportunities to be found in the country. A variety of metals and minerals can be found beneath Ukraine, and there are strong economic and political drivers to get it out, by expanding extraction and processing operations. Here, we take a look at what makes the nation so attractive to miners and suppliers.
The market at a glance Approximately 5% of the world’s total mineral resources are found in Ukraine, with a market value of $7.2 trillion. Some 20,000 deposits have been identified around the country. Only 7,800 of these have been developed, with a further 3,300 in the exploration stage.
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