The Kremlin 'is robbing Ukraine.'
Kyiv will lose nearly two-thirds of its deposits if the Kremlin is successful in annexing Ukrainian territory, depriving the nation of one of its most important economic cornerstones, the analyst noted.While the survey noted that Ukraine is a major supplier of fossil fuels and a top exporter of cereals, it also noted that it is home to 117 of the 120 most often used minerals and metals.
Moscow has influence over 63% of the coal, 11% of the oil, 20% of the natural gas, 42% of the metals, and 33% of the rare earth in Ukraine, including important minerals like lithium, according to SecDev's analysis of 2,209 deposits. Some of that was taken during the conflict with separatists backed by Russia in eastern Ukraine or during Russia's annexation of Crimea in 2014.
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