KYIV, Nov 22 – The investment company umgi (formerly UMG Investments), part of the SCM Group, has invested over EUR 200 million in Ukraine's mining sector through its portfolio companies, CEO Andriy Horokhov said during the "Metallurgy and Critical Materials" roundtable in Rome.

"Ukraine possesses one of Europe’s strongest resource bases, particularly in critical raw materials, offering transparent access to licenses and land. umgi has already invested over EUR 200 million in Ukrainian mining, successfully generating returns for investors. We believe that attracting investments and fostering innovation in this sector will unlock new growth opportunities for Ukraine and its international partners," Horokhov said.