U.S. representatives were shown new deposits in Ukraine that could serve as a foundation for the Investment Fund for Ukraine's Recovery.

This was reported by Minister of Economic Development Oleksiy Sobolev.

"Together with a delegation from the U.S. International Development Finance Corporation, we visited Kirovohrad region to explore investment opportunities in extraction and processing in the area," he noted.

According to him, they inspected the Byrzuliv Mining and Processing Plant and the Likarivske deposit – promising sites considered for the fund's project portfolio.

"Here, titanium ores are primarily extracted, and zirconium ores are also planned for future extraction. There are also potential hafnium deposits – a rare metal used in nuclear energy and aerospace sectors," 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. There is significant demand for it in both the USA and countries in Europe and Latin America.

It is worth noting that on April 30, 2025, Ukraine and the USA signed an agreement on minerals, which envisaged the creation of a Ukrainian-American investment fund to operate with Ukrainian resources. The Ukrainian delegation held technical consultations in Washington with the administration regarding the agreement on access to mineral resources. Minister Svyrydenko published the text of the memorandum with the USA 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 USA will have the right to invest in both the development of mineral deposits and infrastructure projects.