US and Ukraine Finalize Rare Earth Minerals Agreement
- Ukrainian leader Volodymyr Zelenskyy is ready to sign a deal with the U.S. For valuable minerals in exchange for military aid, according to President Trump.
- Zelenskyy called this agreement a preliminary step toward a broader deal about resource management and security.
- Ukraine, holding about 5% of global rare-earth metal reserves, is seen as a key supplier of critical minerals by the World Economic Forum.
- Robert Muggah, a principal at SecDev, stated that while Ukraine has substantial mineral wealth, the actual extractable resources may be overstated.
460 Articles
460 Articles
The 3 biggest things to know about a potential U.S.-Ukraine minerals deal
Ukraine’s trove of rare earths and other critical minerals is firmly in the spotlight ahead of a contentious deal that would include U.S. access to the war-torn nation’s valuable natural resources.
Ukraine and US Hatch a Mineral Deal with a Rare Problem
US and Ukrainian officials said Wednesday that they struck a deal to share revenue from the Eastern European country’s resources, including mineral reserves, oil and gas. The pact will also grant the US access to the country’s deposits of the 17 so-called rare earth elements, which are crucial to technology ranging from lasers to wind turbines and electric vehicles. There’s just one hitch: Those deposits may be so rare in Ukraine that they don’t…
Why the US-Ukraine minerals deal changed
Ian Bremmer's Quick Take: A Quick Take on Ukraine, the United States and Ukraine. Donald Trump and Zelensky now have a preliminary agreement on a critical minerals deal. Remember this is the deal that originally President Trump had the secretary of treasury show up in Kyiv, and say, "You got to sign this right now in the meeting." Zelensky was unhappy, and said it was a colonial deal, it was exploitative. And Trump got angry and said Zelensky's …
Minerals deal looks like a breakthrough for Ukraine and the beginning of a more comprehensive peace agreement
Ukraine does not receive detailed security guarantees from Donald Trump, but the new agreement unequivocally points to Russia as the cause of the war. At the same time, it emphasizes Ukraine's status as a free and sovereign country, as well as the country's partnership with the United States.
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