In Ukraine, representatives from the U.S. were shown the initial deposits that could serve as starting projects for the investment recovery fund.

This was reported by Economy Minister Oleksiy Sobolev.

“Together with the delegation from the U.S. International Development Finance Corporation, we visited the Kirovohrad region to assess investment opportunities in extraction and processing,” he noted.

According to him, they inspected the Byrzuliv mining and processing plant and the Likarivske deposit - promising sites being considered for the fund's project portfolio.

“Here, titanium ores are primarily extracted, and zirconium ore extraction is also planned for the future. There are potential hafnium deposits as well – one of the rare earth metals used in nuclear energy and aerospace,” Sobolev added.

He reminded that Ukraine is one of the key suppliers of titanium globally, which is used in defense, aerospace, and high-tech industries. The demand for it is enormous both in the U.S. and in Europe and Latin America.

Recall that on April 30, 2025, Ukraine and the U.S. signed an agreement regarding minerals, which aimed at establishing a Ukrainian-American investment fund to operate with Ukrainian resources. The Ukrainian delegation held technical consultations in Washington on April 11-12 with the administration of President Donald Trump regarding the agreement on access to mineral resources. Svyrydenko published the text of the memorandum with the U.S. regarding the completion of the official agreement on economic partnership and the investment fund for recovery. The future joint investment fund of Ukraine and the U.S. will have the right to invest in both the development of mineral deposits and infrastructure projects.