KYIV, Nov 19 – Millstone & Co, an investment firm with offices in Ukraine and Poland, plans to spend more than EUR 10 million to complete exploration of lithium deposits in Ukraine in the next two years.

The company recently won a court case to return a license to tap lithium deposit in Kirovohrad region as Prime Minister Denys Shmyhal said the government encourages European firms to invest in lithium production.