Ukraine and Canada Launch Two-Year Geological Cooperation Program
Ukraine and Canada have officially launched a new phase of cooperation in geology and subsoil management aimed at developing a transparent and sustainable mineral resources sector.
The Gaze reports this, referring to Ukraine's Ministry of Economy, Environment and Agriculture.
The State Service of Geology and Subsoil of Ukraine and the Geological Survey of Canada signed a two-year cooperation agreement that will establish a Ukrainian-Canadian Coordination Committee on Mineral Resources.
This committee will serve as a platform for implementing joint initiatives, sharing expertise, and advancing modern approaches to natural resource governance. The program will prioritize digital transformation, data modernization, and investor engagement in the extraction and processing of critical minerals.
Deputy Minister of Economy, Environment and Agriculture Yegor Perelyhin emphasized that the partnership will focus on digitizing geological data, improving information management systems, and conducting joint laboratory studies.
“Together, we aim to create a transparent and competitive subsoil use market that aligns with global best practices and integrates Ukraine into international supply chains,” Perelyhin stated.
The cooperation is part of the intergovernmental security agreement signed between Ukraine and Canada on February 24, 2024. It also complements broader reconstruction and energy-security initiatives supported by Western partners.
In addition, Perelyhin told Ukrinform that Ukraine plans to resume geological exploration next year for the first time in over a decade, with active participation from international partners including the United States, Germany, Canada, and the United Kingdom.
“It has been more than ten years since Ukraine last conducted geological exploration with public funding. In 2026, we’re reviving this process with strong interest from our partners,” he stated.
Perelyhin explained that, despite ongoing hostilities, Ukraine is ready to begin work at previously identified ore sites that date back to Soviet geological records.
As The Gaze reported earlier, according to Ukraine’s Minister of Economy, Environment, and Agriculture Oleksiy Sobolev, the US-Ukraine Reconstruction and Investment Fund will reach approximately $200 million by the end of 2026.