Investment firm BGV Group Management recently showcased Ukraine’s potential as a future hub for critical raw materials at the Asian Leadership Conference 2025 in Seoul.
During the panel discussion “The Foundation of the Future Economy: Energy and Critical Minerals,” BGV presented its projects, framing Ukraine as a reliable supplier for global supply chains and a nation capable of delivering innovative industrial solutions.
Sergii Voitsekhovskyi, a board member at BGV Group Management, provided an update on the Group’s progress across various production areas. Notably, the BGV Graphite project at the Balakhivske deposit in the Kirovohrad region has successfully produced spherical graphite (SPG) samples. This marks a significant step towards developing advanced CSPG manufacturing technology. Ongoing work, in collaboration with international firms like Finland’s Metso and America’s AETC, includes testing for coated spherical graphite, battery production, thermal enrichment, and the development of basic engineering for the enrichment plant.
Mr. Voitsekhovskyi also highlighted Ukraine’s promising prospects in developing beryllium, titanium, zirconium, molybdenum, and rare earth elements.
During the conference, the BGV team held several meetings with Korean businesses. Discussions took place with POSCO International Corporation, interested in diversifying raw material supplies for high-tech industries, and BASE HD Co., an investment company active in energy, infrastructure, and industrial investments.
“South Korea possesses unique technologies and engineering expertise,” emphasised Sergii Voitsekhovskyi. “We see immense synergy in combining Ukraine’s potential with the Republic of Korea’s industrial and scientific leadership. This is one of the strongest innovative economies globally – the leading country in terms of public investment in science (4.8% of GDP) and a top five nation for international patents. Collaborating with Korean partners offers an opportunity not only to attract technology but also to jointly create added value within Ukraine and foster a new economy where critical minerals are a catalyst for industrial breakthrough, not just raw materials.”
