Can Ukraine become a sweet spot on the global mining market?

30/11/2023

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umgi has been investing in the sector for over 17 years. Comparing our practical experience of developing mining companies in 5 countries of the world, I would like to highlight the main advantages of setting up a mining business in Ukraine. On the importance of communication To begin with, Ukraine has considerable potential in the extraction and processing of strategic and critical minerals, but achieving success would require our country to become more visible on the global market. The largest players of the international market are indeed guided by reputable analytical sources in their decision-making. For example, these include an annual survey of mining companies by the Fraser Institute, a Canadian think tank. The research presents a general index of the attractiveness of a country, which is based on the assessment of mineral potential and the perception of state or local policies by companies in the extractive sector. The downside, however, is that Ukraine is not included i

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