Kostyantyn Kryvopust: “Russia seized control of Ukrainian minerals worth $12.4 trillion”

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Since the start of the war in 2014, Russia has temporarily occupied Ukrainian territories with minerals worth at least $12.4 trillion. These are deposits of coal, natural gas, oil, metals, and others.

In addition to 63% of Ukraine’s coal deposits, Moscow has grabbed 11% of oil deposits, 20% of natural gas deposits, 42% of metals and 33% of rare earth and other critical mineral deposits, including lithium.

It is noted that since the beginning of the full-scale invasion of Ukraine by the Russian Federation on February 24, 2022, the Kremlin took control of 41 coal fields, 27 natural gas fields, 14 propane fields, nine oil fields, six iron ore fields, two titanium ore fields, two zirconium ore, one strontium site, one lithium deposit, one uranium deposit, one gold deposit and a significant limestone quarry that was previously used for steel production in Ukraine.

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