Active fighting is still taking place around the village of Shevchenko in Donetsk Oblast, home to one of Ukraine's largest lithium deposits, a spokesperson for Ukraine's Khortytsia group of forces told the Kyiv Independent on June 27, denying reports Russia had occupied the village.
Earlier on June 26, Russia'a Defense Ministry said it had captured Shevchenko along with another other small settlements in the Velyka Novosilka region of the oblast, as Russian troops continue to push along all areas of the front line.
The spokesperson said that while Russian forces had pushed out Ukrainian soldiers on June 26, the situation is constantly evolving and subject to change several times a day.
"This is one of the two most intense directions right now," Viktor Trehubov, the spokesperson, told the Kyiv Independent.
According to the Ukrainian Geological Survey, the Shevchenkivske deposit covers nearly 40 hectares (98 acres) on the eastern outskirts of Shevchenko. Exact data on the Shevchenkivske deposit's lithium reserves are classified, but it's considered one of the most promising.
The deposit's main reserves consist of lithium ores, but it also contains other rare elements such as rubidium, cesium, tantalum, niobium, beryllium, and tin.
Ukraine is home to 20 of the world's critical minerals and metals like titanium used in the aerospace and defense industries and lithium, an essential component of electric vehicle batteries.
The U.S.-Ukraine minerals deal, signed April 30, specifically mentions lithium as one of the mineral resources that both parties could profit from extracting.
Despite the deposit's relatively small size, it could be operated by a single mine, which could make extraction more efficient, according to a Ukrainian Geological Survey data.
The survey classifies the deposit in the highest complexity category of three possible levels, which could complicate development.
According to KSE, Ukraine holds one-third of the European Union's lithium reserves and approximately 3% of global lithium reserves.
