US-backed mining company TechMet wants to develop a major lithium project in Ukraine, in what could be one of the first projects built under the US-Ukraine minerals deal that is close to being finalised.
TechMet chief executive Brian Menell said lithium resources at the Dobra project in central Ukraine were “very significant”, and the company had been looking at the site since 2023. The US government is a shareholder.
Washington and Kyiv are working to sign a minerals deal in coming days, and representatives from the US are in Saudi Arabia this week for talks over ending the Russia-Ukraine war.
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