[Ukrainian geologists claim: Ukraine's titanium reserves may account for 20% of the world's reserves.]
On May 11, RBC-Ukraine reported that Yelena Remezova, head of the Mineral Department of the Institute of Geology Sciences of the National Academy of Sciences of Ukraine and a doctor of geological sciences, said that Ukraine has quite considerable titanium reserves, which may account for 20% of the world's reserves. In addition, Ukraine has also developed a powerful construction stone mining industry, especially the extraction of rare labradorite.
Remezova said that Ukraine has great potential in the mining of titanium and construction stones, which may change the pattern of the global market. Ukraine's titanium reserves may account for 20% of the world's reserves, making Ukraine one of the key participants in this strategic metal mining sector.
She said that although some international sources claim that Ukraine accounts for no more than 1% of the world's titanium reserves, the fact is far from it. Even under the worst-case scenario estimates, Ukraine's titanium ore reserves exceed those of many titanium mines in Russia.
In addition, Ukraine has potential in the mining of construction stones, particularly materials such as granite and labradorite. For example, Zhytomyr Oblast has approximately 300 quarries for mining non-metallic materials used in the production of building and decorative products. Polished stones from this region are in high demand in interior decoration, while labradorite with multi-hued iridescent effects is a rare resource on the international market.
The unique properties of Ukrainian labradorite, especially their ability to produce color-changing iridescent effects, cannot be found in Europe. Similar stones can only be seen in some countries, such as Norway, making them even more precious on the international market.
Remezova said that Ukraine has large deposits of rare earth metals, which are significant for modern technology. The main deposits are concentrated in Zhytomyr Oblast, Cherkasy Oblast, and the eastern part of the Azov Sea area.
Original article: https://www.toutiao.com/article/1831834768036876/
Disclaimer: This article solely represents the author's views.