Lithium power station factory in Ukraine - G-Tech Holding Telecom Energy

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6 FAQs about Lithium power station factory in Ukraine

Where is lithium found in Ukraine?

In Ukraine, significant lithium reserves were discovered in the 1980s at two deposits — Polokhivske (petalite ores, Kirovohrad region) and Shevchenkivske (spodumene-petalite ores, Donetsk region), as well as at the Dobra site (petalite-spodumene ores, Kirovohrad region).

Does Ukraine need a lithium industry?

Since Ukraine is one of the few countries with large lithium reserves (according to estimates, up to 10% of world reserves) and is in dire need of resources for economic development, conversations about the prospects for the development of the lithium industry have become noticeably more frequent.

How important is the polokhivskyi lithium deposit in the Kirovohrad region?

Denys Aloshyn, ULM's Director of Strategic Development, highlighted the significance of the Polokhivskyi lithium deposit in the Kirovohrad region, emphasizing its position among Europe's top three largest lithium reserves. Aloshyn outlined the company's roadmap, targeting the launch of lithium concentrate production by 2028.

How long does it take to mine lithium in Ukraine?

The Ukrainian lithium mining procedure includes the following stages: carrying out geological exploration of deposits according to international standards to confirm data from the times of the USSR. It will take 3–5 years and $10–15 million for one deposit.

What is ukrlithiummining (Ulm)?

Kyiv, Ukraine – 24 January 2025 UkrLithiumMining LLC (ULM) showcased its transformative Polokhivskyi lithium project at the high-profile conference “Strategic Resources of Ukraine: Scenarios for the Development of the Subsoil Use Industry” on January 23, 2025.

When will lithium concentrate be produced?

Aloshyn outlined the company's roadmap, targeting the launch of lithium concentrate production by 2028. He also revealed advanced considerations for downstream processing into lithium carbonate, a critical component for lithium-ion batteries used in electric vehicles (EVs) and renewable energy storage systems.

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