- Sputnik International, 1920
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US Planning to Build Lithium Production Plant in Ukraine - Ukrainian MP

© AP Photo / Petr David JosekA miner points to a seam of lithium in the Czech Republic
A miner points to a seam of lithium in the Czech Republic - Sputnik International, 1920, 28.05.2024
MOSCOW (Sputnik) - The United States wants to cooperate with Kiev in the production of lithium and build a plant on the territory of Ukraine, David Arakhamia, leader of Volodymyr Zelensky’s Servant of the People faction, said.
Such a decision was made due to the fact that China "controls most of the lithium" in the world, he added.
"The United States wants us to have something like a US-Ukraine consortium. We have large lithium resources. They want to build a plant to extract lithium in mines on the territory of Ukraine," Arakhamia said at the "Investing and Rebuilding Ukraine's Future" conference in Tallinn.
Arakhamia also noted that Ukraine has the largest and "cheapest" underground gas storage facility in Europe, and foreign investors could use it to store gas until its price increases.
Cutting of the lithium metal ingot  - Sputnik International, 1920, 22.12.2023
Quiet Part Out Loud: West Greedily Eyes Donbass’ Lithium Riches
Earlier, Sputnik reported that Western officials repeatedly expressed interest in Ukrainian deposits of rare earth minerals as an alternative to Russian and Chinese supplies.
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