Latest news with #Kirovohrad

Yahoo
03-07-2025
- Business
- Yahoo
U.S. company likely lithium bidder in first pilot project for joint Ukraine investment fund
(Reuters) -The U.S. company Techmet is likely to bid in the first pilot project of the Ukraine-U.S. joint Reconstruction Investment Fund on a lithium mine in the centre of the country, Ukraine's first Deputy Prime Minister said on Thursday. Svyrydenko, writing on Facebook, reported on a meeting between President Volodymyr Zelenskiy and U.S. businesses, with much of the focus on the Fund, meant to exploit Ukrainian minerals and rare earths. The Fund was heavily promoted by U.S. President Donald Trump as fundamental for forging close ties. Svyrydenko said Ukraine hoped to have three pilot projects up and running in the first 18 months of operation, including the lithium mine in Kirovohrad region. "Things have already started moving," Svyrydenko said, saying a commission had formally decided it was advisable to proceed with a tender for the Dobra lithium deposit. "All the conditions of the competition are to be worked out soon. This deposit potentially falls under the mandate of the investment fund. Its development could become the first pilot project within the framework of joint investment. "Everything is to be competitive and in compliance with legislation." Svyrydenko said a TechMet representative told the meeting that if the company won the tender "it was ready not only to explore and extract lithium, but also to build facilities for enrichment". "Our goal is to make it profitable to produce and export processed products in Ukraine," she wrote. Svyrydenko has been the main driving force behind the accord and flew to Washington to sign it at the end of April. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Reuters
28-05-2025
- General
- Reuters
Three people injured in Russian attack on central Ukraine, governor says
May 28 (Reuters) - Russia attacked an industrial enterprise in the city of Svitlovodsk in Ukraine's central Kirovohrad region, injuring three people, Governor Andriy Raikovych said on Wednesday. The resulting fire had been contained, Raikovych said on the Telegram messaging app, adding that 76 private houses and one nine-storey residential building had also been damaged in the attack. The incident left 1,400 residents without power, he said in a later post. Reuters could not independently verify the report. There was no immediate comment from Russia.