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In Ukraine, more deposits of metals and minerals have already been put up for sale than in the entire 2020

Mining industry / Ukraine

The State Service of Geology and Mineral Resources of Ukraine has announced the seventh auction this year. The total initial cost of 13 lots is over UAH 12.3 million. The auction will take place on April 14, 2021 and take place on the Prozorro platform.

In Ukraine, more deposits of metals and minerals have already been put up for sale than in the entire 2020
Фото: Роман Опимах / Государственная служба геологии и недр Украины

The State Service of Geology and Mineral Resources of Ukraine in the first two months of 2021 put up more mineral deposits for electronic trading than in the entire last year.

“As of the end of February 2021, the service has already put up 86 sites for auctions - more than in the entire last year. This indicator is evidence of market confidence in the regulator. We expect that by the end of 2021 the number of lots sold will double, exceeding 100 objects, ”says Roman Opimakh.

A complete list of subsoil plots that are put up for the seventh auction in 2021 is available on the site of the State Service of Geology and Mineral Resources of Ukraine. Among the offered lots there are areas with deposits of amber, groundwater, limestone, granite and titanium ore.

“Rapid response to applications from subsoil users and prompt preparation of lots for auctioning is the principled position of the State Geological Survey. Electronic auctions guarantee transparency and set a fair price for the right to use subsoil, creating equal conditions for all market participants, ”noted Roman Opimakh.

Let us remind you that the State Service of Geology and Subsoil of Ukraine presented new investment proposals - objects with deposits of strategic and critical minerals. These are lithium, titanium, zinc, nickel, cobalt, niobium and others.

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