UkrLithiumMining LLC (ULM) is a Ukrainian lithium junior miner, developing Polokhivske hard rock deposit with petalite-containing ore

Opportunities

With life-of-mine of 15 to 20 years, and the estimated annual production of up to 300 thousand tonnes of petalite concentrate, the Company is also assessing a possibility to construct a lithium hydroxide/carbonate refinery at site.

 

300

thousand tonnes per year

Estimated amount of annual petalite concentrate production

1500

thousand tonnes per year

Estimated amount of petalite ore

Location

Regionally, the Polokhivske deposit is located in the central part of Ukraine (Kirovograd region) in an industrialized area in close proximity to railway and motor roads.

ULM’s favorable geographic location will make the company an attractive lithium supplier to the EU battery-chain players – at the lower end of the transportation cost curve.

Partnership & cooperation

AMC Consultants (UK) and Lycopodium (South Africa) are engaged by ULM as main contractors for the PFS. Geotechnical works are studies are currently underway.
ESIA study is underway led by North Coast Consultants (UK).
Anzaplan Dorfner Laboratory (Germany) is engaged for current round of metallurgical tests and Preliminary Economic Assessment for lithium refinery construction.
ULM has become a member of European Battery Alliance in 2020. We have also already had a first round of talks with Business Investment Platform within EBA – in terms of a business model, which may facilitate better search for investors.

Latest news

ULM’s representative participated in Ukraine Recovery Conference in Berlin

Denys Aloshyn, Chief Strategy Officer of ULM, took part in a roundtable discussion on Critical Raw Materials: Opportunities in Ukraine and Ukraine's Potential Role in European Value Chains at the Ukraine Recovery Conference in Berlin. 

June 18, 2024

ULM company continues baseline data collection for ESIA

In April 2024, as part of the Environmental and Social Impact Assessment (ESIA), specialists from CDM Engineering Ukraine LLC revisited the Polokhivske lithium deposit site and its surrounding areas. Their objective was to collect water and air samples and conduct a comprehensive study of the plant and wildlife diversity that may be impacted by the company's planned activities.

May 10, 2024

ULM completes the Pre-Feasibility Study for Polokhivske lithium project

In April 2024, ULM completed the Pre-Feasibility Study (PFS) for its Polokhivske lithium deposit, confirming the lithium ore reserves of the deposit as well as strong economic parameters necessitating the decision to progress the project to the next stage.

April 22, 2024