Deputy Minister of Economy Andrii Teliupa presented Ukraine’s vision for the development of its critical raw materials (CRM) sector during the Ukraine Recovery Conference (URC2025) in Rome.
“Our goal is to attract over $2 billion in investment and launch more than 20 projects over the next five years. Ukraine has a real chance to become not just a raw materials supplier, but a full-fledged production base for green and defense tech within the EU,” Teliupa wrote on Facebook.
For the first time, URC2025 included two dedicated sessions on critical materials — a thematic panel and a practical workshop. Participants included representatives from the Government of Ukraine, DFC, EBRD, DECOMAR, DG GROW, Chemours, Horizon Capital, TechMet, and BGV Group Management.
Teliupa also introduced a concept for Ukraine’s new industrial strategy aimed at building a modern, high-value-added economy to enhance national security and integrate into European value chains.
“Our priority sectors are those where Ukraine has a competitive edge: machinery, metallurgy, titanium, lithium, graphite, IT, and renewable energy. We plan to finalize the strategy by the end of 2025, with implementation scheduled for 2026–2030. The strategy is being developed in cooperation with the World Bank, OECD, UNIDO, and the Kyiv School of Economics,” he said.
The government also presented the “Industrial Ramstein” initiative — a mechanism of international support for industrial modernization, modeled after the Defense Ramstein format.
“This initiative includes equipment transfers as humanitarian aid via government-to-government (G2G) cooperation, partial financing of purchases, support from export credit agencies to mitigate risk, lowering the cost of borrowing, organizing business missions, workforce training, and production certification to international standards,” Teliupa explained.
URC2025 also featured the launch of the “Green Platform” — a digital catalog of over 60 green financing programs developed in cooperation with the Green Transition Office and integrated into the Made in Ukraine portal.
“This catalog will serve as a single access point for businesses, communities, and enterprises seeking funding for energy-efficient, resource-saving, and low-carbon solutions,” Teliupa added.
Additionally, First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko signed an agreement with UNIDO to implement a $188 million green industrial recovery project funded by the Government of Japan.
According to Teliupa, the project includes technology transfer, the creation of joint ventures with Japanese companies, training for over 30,000 Ukrainians in new skills, and the deployment of more than 40 advanced technologies in sectors such as agro-processing, the circular economy, IT, renewable and hydrogen energy, energy efficiency, and telemedicine.
