How much lithium does Ukraine have?

Ukrainian researchers have speculated that the country’s eastern region holds close to 500,000 tons of lithium oxide, a source of lithium, which is critical to the production of the batteries that power electric vehicles. That preliminary assessment, if it holds, would make Ukraine’s lithium reserves one of the largest in the world.

Does Ukraine need a new role in the world's lithium industry?

The move holds a “strategic importance for the establishment of Ukraine on the global stage, in a new role,” Roman Opimakh, head of the State Geological Service of Ukraine, said in May at a flagship presentation for global investors. Ukraine’s potential for lithium production had started to attract global attention.

Is European lithium the world's largest lithium supplier?

In November, European Lithium, an Australian firm, said it was in the process of securing rights to two promising lithium deposits in the Donetsk region, in eastern Ukraine, and Kirovograd, in the center of the country. The company said at the time it aimed to become Europe’s largest lithium supplier.