U.S. representatives have been shown new promising deposits in Ukraine that may form the basis for the creation of an Investment Recovery Fund.

This was announced by the Minister of Economy, Oleksiy Sobolev.

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

According to him, they inspected the Birzulivsky mining and processing plant and the Likarivske deposit – potential sites considered for the Fund's investment portfolio.

“Here, titanium ores are primarily extracted, and zirconium ores are planned to be mined in the future. There are also potential hafnium deposits - a rare metal used in nuclear energy and aerospace industries,” Sobolev added.

He reminded that Ukraine is one of the key suppliers of titanium worldwide, utilized in defense and high-tech industries. There is a significant demand for it in both the U.S. and countries in Europe and Latin America.

Recall that on April 30, 2025, Ukraine and the U.S. signed an agreement regarding minerals, which provided for the establishment of a Ukrainian-American investment fund to operate with Ukrainian resources. The Ukrainian delegation held technical consultations in Washington with the administration of President Donald Trump regarding the agreement on access to minerals on April 11-12. Svyrydenko published the text of the memorandum with the U.S. on 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 extraction of minerals and infrastructure projects.