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International Business Times
International Business Times
World

Ukraine's Earth Riches Are Rare And Difficult To Reach

Ukraine has huge mineral resources and some coal mines are still operating despite Russia's invasion but huge investment will be needed to reach its rare earths (Credit: AFP)

Ukraine's soils hold some five percent of the world's mineral resources, which is what US President Donald Trump is anxious to secure, but not all of them are yet exploited -- or maybe even exploitable, according to experts.

Ukraine ranks 40th among mineral-producing countries, all categories combined (including coal), according to the 2024 edition of World Mining Data. It was the world's 10th largest producer of iron in 2022.

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