The United States Planning to Build Lithium Production Plant in Ukraine : David Arakhamia, Ukrainian MP

MOSCOW (Sputnik) – The United States wants to cooperate with Kiev in the production of lithium and build a plant on the territory of Ukraine, David Arakhamia, leader of Volodymyr Zelensky’s Servant of the People faction, said.

Such a decision was made due to the fact that China “controls most of the lithium” in the world, he added.

“The United States wants us to have something like a US-Ukraine consortium. We have large lithium resources. They want to build a plant to extract lithium in mines on the territory of Ukraine,” Arakhamia said at the “Investing and Rebuilding Ukraine’s Future” conference in Tallinn.

Arakhamia also noted that Ukraine has the largest and “cheapest” underground gas storage facility in Europe, and foreign investors could use it to store gas until its price increases.