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Ukraine Reports $350 Billion in Critical Resources Under Russian Control

Ukrainian officials claim that regions held by Russia contain around $350 billion in critical resources, such as lithium, titanium, and rare earth elements, which are essential for aerospace, defence, and renewable energy. They seek to protect these resources amidst ongoing geopolitical tensions.

Ukrainian authorities have reported that regions occupied by Russia hold approximately $350 billion worth of critical resources. These resources encompass essential minerals, notably lithium, titanium, and rare earth elements, which are crucial for several industries, including aerospace, defence, and renewable energy sectors. As the United States aims to gain preferential access to these valuable resources, Ukrainian officials are actively exploring options to protect their national interests.

During a news conference in Kyiv, Deputy Prime Minister Yulia Svyrydenko emphasized the gravity of the situation, stating that, “We have information that, unfortunately, there is about $350 billion worth of these useful critical materials in temporarily occupied territory.” This statement highlights the strategic importance of these resources not only for Ukraine but also for various global industries reliant on them.

In summary, Ukraine’s occupied territories are reported to contain vital resources valued at $350 billion, including important minerals essential for key industries. The Ukrainian government, while facing challenges posed by the ongoing conflict, is striving to safeguard these resources, which are also of significant interest to the United States.

Original Source: globalsouthworld.com

Lila Chaudhury

Lila Chaudhury is a seasoned journalist with over a decade of experience in international reporting. Born and raised in Mumbai, she obtained her degree in Journalism from the University of Delhi. Her career began at a local newspaper where she quickly developed a reputation for her incisive analysis and compelling storytelling. Lila has worked with various global news organizations and has reported from conflict zones and emerging democracies, earning accolades for her brave coverage and dedication to truth.

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