Mauro Longobardo, the plant’s CEO, said resource “rent” on iron ore mining would place an insurmountable burden.

Corruption in Ukraine is largely linked to oligarchs’ outsized influence – meaning, individuals who exert influence as essentially monopolists, extend control over the media, or deploy legions of lobbyists.

Eight Ukrainian reactors will now run with U.S. fuel instead of the Russian variant.

Ukraine's renewables industry has been beset by problems that’s seen the government owe mostly foreign green energy producers close to $1 billion.

Highlights of the selloff programme include titanium producer United Mining and Chemical Company. Large-scale privatisation is seen as key in trying to root out corruption and reduce the outsize influence of business magnates or oligarchs.