The economic cost of losing the eastern industrial base of Ukraine

Donald Trump negotiates with Putin regarding the future of Ukraine and is prepared to cede it to Russia. An economist from Kyiv explains what the loss of this region would mean for the country’s economy.

Ukraine possesses a wealth of strategically important raw materials, including lithium, graphite, titanium, and uranium – resources that attract considerable interest. According to Forbes Ukraine, the total value of these mineral resources, encompassing both developed and undeveloped deposits, is estimated at approximately $15 billion. However, the potential profitability of exploiting these untapped reserves remains a subject of debate.

More than 70 percent of the miners work near the front lines, in both Russian-occupied areas of the east and Ukrainian-controlled areas – mainly in the occupied areas of Luhansk and Donetsk, as well as in the Dnipropetrovsk region. Most of the coal and iron ore is stored there. Valuable metals such as lithium, titanium, and nickel also occur there.

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Source: Frankfurter Allgemeine.

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