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Rare earth element extraction bolstered by new research

  • On May 1, 2025, the United States and Ukraine signed an agreement granting U.S. Access to up to 55 minerals, including rare earth elements, in Ukraine.
  • The deal arose amid U.S. Efforts to diversify critical mineral supplies and follows Washington's recognition of Russia's control over Crimea, creating geopolitical tensions.
  • Ukraine holds about 5% of global mineral reserves, including titanium, lithium, uranium, cobalt, and nickel, though many deposits remain largely untapped due to war, scattered reserves, and policy challenges.
  • President Trump described the agreement as highly advantageous for the U.S., stressing the anticipated benefits from rare earth minerals crucial to American industry and defense technology.
  • The agreement aims to strengthen U.S. Supply chains and support Ukraine economically, but it raises concerns about sovereignty, economic dependency, and uncertain benefits for Ukraine.
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Telesur broke the news in Caracas, Venezuela, Bolivarian Republic of on Thursday, May 1, 2025.
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