Ukraine Ilmenite Arms-for-Minerals Deal
This is a Ukraine news story, published by ABC News.
Ukraine news
For more Ukraine news, you can click here:
more Ukraine newsenergy & natural resources news
For more energy & natural resources news, you can click here:
more energy & natural resources newsABC News news
For more news from ABC News, you can click here:
more news from ABC NewsAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like energy & natural resources news, you might also like this article about
mineral ilmenite. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest minerals deal news, ilmenite dust news, energy & natural resources news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
critical minerals industryABC News
•2mon ago
Business
Business & Economics
In Ukraine, a potential arms-for-minerals deal inspires hope and skepticism
78% Informative
In Ukraine , a potential arms-for-minerals deal inspires hope and skepticism.
Ukraine boasts vast reserves of ilmenite, a key element used to produce titanium.
Much of Ukraine ’s critical minerals industry is underdeveloped because of war as well as onerous state policies.
Many unknowns stand in the way of turning these riches into profit: cost, licensing terms and security guarantees.
Under the Soviet system, geologists stood to gain if they claimed to have found large reserves.
The deal also does not factor in the position of Ukrainian people themselves.
According to the Constitution , the subsoil where extraction would take place belongs to Ukraine .
Some Ukrainian businessmen privately express skepticism about the deal.
Small business owner?
