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Japanese Marubeni Corporation wants to mine scarce metals in Ukraine

Mining industry / Ukraine

We are talking about subsoil areas with deposits of lithium, cobalt, nickel, graphite, fluorite.

Japanese Marubeni Corporation wants to mine scarce metals in Ukraine

Head of the State Service of Geology and Mineral Resources of Ukraine Roman Opimakh held a working meeting with the head of the Marubeni Corporation representative office in Ukraine Ashitani Yasuhiro. According to the press service of the Gosgeonedr, the meeting was initiated by foreign partners.

During the meeting, the guests said that the corporation is interested in opportunities for "green" investments in Ukraine and raw materials for the manufacture of batteries for electric cars and electronics. We are talking about subsoil areas with deposits of lithium, cobalt, nickel, graphite, fluorite. They are considering investing in the development of mineral raw materials in Ukraine by participating in auctions.

Roman Opimakh presented the Investment Atlas of a subsoil user, containing vacant objects for purchase at auctions with deposits of critical raw materials.

“We have prepared descriptive information about the subsoil plots, indicated the coordinates, area, location, geological information, resource base,” said Roman Opimakh. - scanned and made publicly available free of charge all reports belonging to the state, as well as a list of private ones. That is, we have created a data-room for all objects with deposits of critical raw materials, which we offer for purchase through participation in auctions. ”

During the meeting, the head of the Service Roman Opimakh acquainted the guests with the current Law "On State Support of Investment Projects with Significant Investments".

“The law defines the basic principles of state support for investment projects with significant investments. These include those that cover priority sectors for the state, including the extractive industry. The minimum investment must be from 20 million euros. Investors will receive special conditions from the state in the amount of up to 30% compensation from the planned investment in the project, exemption from income tax for 5 years, from paying VAT and duties on the import of new equipment, securing preferential land use rights, as well as the possibility of building or reconstructing communications , means of electricity and water supply, etc. at the expense of state or local budgets ", - explained Roman Opimakh.

He informed the investors about the possibility of joining the already operating projects for subsoil use "farm-in". The condition is the acquisition of a share in the company that is the licensee. Such a mechanism may be of interest to enterprises that do not develop sites due to lack of funds and technology, but an international partner can offer capital and experience.

Foreign partners, in turn, shared their experience in conducting international projects. The guests noted that in recent years in Ukraine there have been progressive changes in the use of technologies and the application of the best international practices in the field of subsoil use.

Help:

Marubeni Corporation is a Japanese trading company that trades a wide range of goods, from clothing and food to steel and chemical materials, and implements environmental and infrastructure projects. It has 58 branches and representative offices in 68 countries. The Kiev office of the corporation has been operating for over 20 years, is engaged in the export of food products, ore, anthracite, fertilizers, titanium concentrate, petrochemical products. Imports to Ukraine mining equipment, iron ore concentrate.

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