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U.S. Investors Set to Develop Ukraine's Lithium Riches

1/12/2026

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Story summary
  • A Ukrainian government commission selected a consortium of American investors, including Ronald Lauder, billionaire investor, to develop the Dobra lithium deposit.
  • The decision awaits formal approval from Ukraine's Cabinet of Ministers.
  • TechMet, an energy company partly owned by a U.S. government investment agency, sits in the consortium.
  • The deal is part of an agreement granting the United States priority access to Ukrainian mineral resources and planning a joint investment fund.
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