Ukraine has significant reserves of titanium, graphite, manganese, lithium, uranium, and other critical materials and will work to establish production of components for batteries, solar panels, and defense technologies, This vision for the development of critical materials (CRM) was presented by Deputy Minister of Economy Andriy Telyupa at the URC2025 Recovery Conference in Rome.
“The goal is to attract more than $2 billion in investments and launch more than 20 projects in five years. In the future, Ukraine should become not only an exporter of raw materials, but also a production base for green and defense tech within the EU,” he wrote on Facebook.
According to an Interfax-Ukraine correspondent, unlike previous programs, URC2025 included two separate events dedicated to CRM: a session and a workshop. Among the participants, in addition to representatives of the Ukrainian government, were representatives of the DFC, EBRD, DECOMAR, DG GROW, Chemours, Horizon Capital, TechMet, and BGV Group Management.
In addition, Telyupa presented Ukraine’s industrial strategy concept at the conference, which aims to create a modern economy with high added value to strengthen the country’s security and integrate it into EU production chains.
“The focus is on sectors where we have competitive advantages: machine building, steel, titanium, lithium, graphite, as well as the IT sector and renewable energy. By the end of 2025, we will finalize the strategy, with implementation planned for 2026-2030.
We are developing it jointly with the World Bank, the OECD, UNIDO, and the Kyiv School of Economics,“ the deputy minister said.
He also presented the ”Industrial Ramstein” initiative, created by analogy with the Defense Rammstein format, to mobilize international assistance for the restoration and modernization of industry.
“The initiative provides for the transfer of equipment as humanitarian aid through G2G mechanisms, partial procurement financing programs, the involvement of export credit agencies to cover risks and reduce the cost of loans, B2B missions, staff training, and certification of production facilities in accordance with international standards,” Telyupa explained.
According to him, in addition, the URC2025 presented the “Green Platform,” a digital catalog of over 60 green financing programs for businesses, communities, and enterprises, created in collaboration with the Green Transition Office and integrated into the Made in Ukraine portal.
“(The catalog) will become a single point of entry for anyone looking for funding for energy-efficient, resource-saving, and low-carbon solutions,” said the deputy minister.
According to an Interfax-Ukraine correspondent, First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko also signed a new project with the United Nations Industrial Development Organization (UNIDO) worth $188 million from the Japanese government for green industrial reconstruction.
Telyupa emphasized that this project involves technology transfer and the creation of joint ventures with Japanese companies. Within its framework, more than 30,000 Ukrainians will acquire new skills, and Ukrainian manufacturers will test and implement more than 40 advanced technologies in agro-processing, circular economy, IT, renewable energy, water, energy efficiency, and telemedicine.
