The State Property Fund team took part in a round table on issues of critical minerals

During the Ukraine Recovery Conference (URC2024), a round table was held dedicated to the potential of the state in the extraction and processing of critical minerals, in particular titanium. The round table was attended by the Chairman of the State Property Fund of Ukraine Vitaliy Koval, his deputy Oksana Osmachko and the Acting General Director of United Mining and Chemical Company JSC Yehor Pereligin.

Ukraine, which owns 20% of the world’s titanium reserves, has the opportunity to become a player in the global market of this strategic resource. Mining and processing of critical raw materials such as titanium, natural graphite and lithium are among the sectors where Ukraine has a long-term competitive advantage due to its rich natural resources, logistical proximity to Europe, developed infrastructure and available capabilities.

“Ukraine’s integration into international production chains will be a WIN-WIN for Ukraine and internationals, as it can help diversify and reduce the risks of supplying such critical materials to meet partner demand in Europe and the world,” – reported during the round table the Chairman of the SPFU Vitaliy Koval.

One of the key assets in the field of the titanium industry is United Mining and Chemical Company JSC, which is currently being prepared for privatization as part of the “Great Privatization” program. The Fund actively works to attract investors to reveal the potential of companies and industries.

Privatization of United Mining and Chemical Company JSC will be a step towards Ukraine’s integration into international chains of added value creation and opens prospects for the sustainable development of the state and the world economy, allowing Ukraine to take a prominent place in the global market of critical minerals.