Ukraine prepares to launch lithium mine development bidding, first project of US-Ukraine minerals agreement about to be implemented.

On June 18 local time, the head of the Ukrainian President's Office, Andriy Yermak, announced on his official social media platform that Ukraine is preparing to publicly tender for the development of the Dobrovolsk lithium mine project in Kirovohrad Oblast, which could become the first major project for cooperation with the United States. Yermak stated that the results of the previous discussions between Ukraine and the US in Washington are now being translated into concrete actions, and the cooperation process is progressing smoothly. Yermak also revealed that during the G7 Summit in Canada, he met with US Treasury Secretary Janet Yellen to discuss cooperation details with Ukraine's First Deputy Prime Minister and Minister of Economic Development, Yulia Sviridenko, and that the US and Ukraine will continue to advance related work. On May 12 local time, the Ukrainian president's website announced that President Zelensky had signed a law approving the establishment agreement of the US-Ukraine Reconstruction Investment Fund.