In recent years, Ukraine has been exploring the potential for a critical raw materials alliance with European markets to secure its supply of these materials and increase its economic growth. To achieve this, Ukraine is promoting cooperation and collaboration between its critical raw materials stakeholders and European partners and creating a favourable policy and regulatory environment for this alliance. The country is also investing in new technologies and innovation for critical raw materials production and processing, addressing the challenges of critical raw materials supply chain management, and exploring opportunities for critical raw materials recycling and secondary recovery. The war with Russia prevents Ukraine to develop its critical materials potential and build sustainable supply to the international markets. Additionally, there is a need to address the environmental and social impacts of the extraction of critical raw materials.