US EditionUkraine, US launch fund for critical minerals projects with $150 million investment
The fund aims to accelerate Ukraine's reconstruction by investing in natural gas and critical minerals, focusing on sectors vital for defense and green energy, with initial projects beginning in 2026.
- Ukraine and the United States agreed on September 17 to each invest $75 million to launch a joint reconstruction investment fund focused in Kyiv.
- The fund builds on an April deal granting the US favorable access to Ukrainian mineral projects amid ongoing recovery from Russia's 2022 invasion.
- The fund aims to start operational work immediately on energy, infrastructure, and critical minerals projects, with plans to implement three major projects by the end of 2026.
- Mateo Goldman of the US Development Finance Corporation called the $75 million seed capital 'a major step to activating the fund' and a sign of long-term partnership trust.
- This fund is expected to catalyze private investment, strengthen US-Ukraine economic ties, reduce supply chain risks, and support Ukraine's reconstruction and security.
13 Articles
13 Articles
Ukraine, US launch fund for critical minerals projects with $150 million investment
Ukraine and the U.S. International Development Finance Corporation will each commit $75 million to a joint investment fund that is part of Kyiv's minerals deal with Washington first signed in April, officials said on Wednesday.
Washington and Kiev will invest as much as $75 million to launch the investment fund for Ukraine's reconstruction, which provides the United States with special access to mining sites and other projects in Ukraine, said the Minister of Economy, Oleksi Sobolev, quoted by Kyiv Independent.
US and Ukraine earmark $150 million for minerals deal
Washington and Kyiv will invest $75 million each to kickstart the Ukraine reconstruction investment fund that gives the U.S. special access to mineral sites and other projects in Ukraine, the Economy Minister Oleksii Sobolev told journalists on Sept. 17.
US and Ukraine Invest $150M Into the Reconstruction Investment Fund for Natural Gas and Critical Minerals
The United States and Ukraine are operationalizing a joint investment fund to support projects in natural gas, critical minerals, energy, technology and infrastructure. Minister of Economy, Environment, and Agriculture of Ukraine Oleksii Sobolev announced the new investment during a meeting with journalists on September 17. The fund will start with $150 million in capital — $75 million each from Washington and Kyiv. By 2028, the total may increa…
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