News

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. 

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.

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.

Denys Aloshyn, Chief Strategy Officer at UkrLithiumMining LLC (ULM) took part in Giga Europe 2024 Conference, hosted over two days (March 12 – 13, 2024) in Stockholm, Sweden.  This event, organized by Benchmark Mineral Intelligence, serves as a gathering point for Europe's battery manufacturing community.  

At the end of 2023 ULM started cooperation with two Australian companies - Wood Australia Pty Ltd and Nagrom.

ULM continues to explore and develop the Polokhivske lithium ore deposit. Currently, the company is drilling five hydrogeological boreholes as part of an environmental impact assessment (ESIA). Consultants from Wardell Armstrong International are involved in the ESIA.