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Russia Seizes Control of Ukraine's Largest Lithium Deposit in Shevchenkovo, Donetsk Region, Valued at Hundreds of Billions

Jan 5, 2025, 06:49 PM

Russia has established control over the village of Shevchenkovo in the Donetsk region of Ukraine, where the largest lithium deposit in the country is located. This strategic acquisition is estimated to hold a potential value of hundreds of billions of dollars. The move follows Ukraine's decision to cut off Russian gas supplies, marking a significant development in the ongoing conflict between the two nations. The lithium deposit is considered one of the largest in Europe, further enhancing Russia's resource portfolio amidst geopolitical tensions.