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Ukraine Awards Lithium Bid Amid $800 Billion Prosperity Plan

1/9/2026

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Summary

Story summary

A Ukrainian government commission awarded the lithium deposit bid to a consortium including Ronald S. Lauder (billionaire) and TechMet, a U.S. government-backed company.
The decision awaits formal approval but is considered finalized.
The lithium deposit is in Kirovohrad Oblast and holds 80–105 million metric tons.
Ukraine unveiled an $800 billion prosperity plan to boost foreign investment with U.S., EU, and G7 partners.

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Story summary

A Ukrainian government commission awarded the lithium deposit bid to a consortium including Ronald S. Lauder (billionaire) and TechMet, a U.S. government-backed company.
The decision awaits formal approval but is considered finalized.
The lithium deposit is in Kirovohrad Oblast and holds 80–105 million metric tons.
Ukraine unveiled an $800 billion prosperity plan to boost foreign investment with U.S., EU, and G7 partners.